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Russian companies using USDT to evade UK and US sanctions, report

Two major Russian metal companies are reportedly using USDT to settle some cross-border transactions with Chinese clients.

Russian crypto exchange Beribit freezes withdrawals, offers chocolate instead

Beribit staff reportedly offered chocolate to around 50 people who were demanding the return of over 400 million rubles ($4.2 million).

Tether says it has completed a security audit to ensure that it has robust IT control measures in place to make sure its systems are safe.

The report linked Garantex to multiple terrorist operations, Russian debt gangs, and the organization that replaced Russia’s KGB.

Crypto firm Copper sent $4.2 million worth of ETH to Jonatan Zimenkov, a member of his father’s Russian arms dealing network.