Lithuania fines cryptocurrency firm Payeer $10.10 million
2024-07-10 11:17:32
Litao Wan Yin sanctions violation encryption company payeer penaltydesk3cryptocurrencydesktopCrypto News
Lithuania has fined crypto firm Payeer a record 9.30 million euros (about $10.10 million) for sanctions and money laundering violations. The Lithuanian Financial Crimes Investigation Agency said in a statement that Payeer allowed Russian customers to "transact in rubles by transferring funds from Russian banks sanctioned by the European Union." Russian individuals and legal entities were given "access to cryptocurrency wallets, account management or storage services," the statement said.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
立陶宛对加密货币公司Payeer处以1010万美元罚款Next article：
“德国政府”地址再次转出1375枚BTC
