Ukraine War | FinTelegram News

Category: Ukraine War

May 21, 2023

Proxy War: Russia Places ICC Prosecutor Karim Khan On Wanted List and Issues Arrest Warrant!

The Russian government has listed the British prosecutor of the International Criminal Court (ICC) on its wanted list. This comes after the ICC issued an arrest warrant for Russian President Vladimir Putin, accusing him of overseeing the abduction of Ukrainian children. The arrest order specifically targets Karim Khan, the ICC prosecutor since 2021, and states that Russia's interior ministry is seeking his detention.

May 21, 2023

Interesting Report: Organized Crime Activities In Ukraine Before And After The Russian Invasion!

Ukraine was the center of the international cybercrime scene until the Russian invasion in February 2022. Many online brokers and boiler room scams were based in Ukraine. The Russian mafia had also established its network in the West through Ukraine. Russian and Ukrainian organized crime had established a powerful criminal ecosystem within Europe and controlled a profitable transnational smuggling network between Russia and Western Europe.

May 2, 2023

FCA-Restricted Payment Processor Cauri

FinTelegram has discovered FCA-regulated payment institution Cauri Ltd d/b/a Cauri as a payment processor in various broker scams in recent years. Cauri is apparently controlled by Russian nationals such as Nikolai Ionkin. The FCA restricted Cauri from providing payment services to Russian citizens or legal entities in January 2023. Since then, traffic to the Cauri website has plummeted, but over 40% of its website visitors came from Russia in Q1 2023.

April 30, 2023

Introducing Venture Capital Firm Target Global And Its Russian Connections!

The well-known venture capital firm Target Global (website) was founded in 2012 by Alexander Frolov Jr, son of the Russian oligarch Alexander Frolov Sr. It has established its headquarters in Berlin and reportedly has over $3 billion in assets under management (AUM). One of its portfolio companies is Mercuryo. Sanctions were imposed on oligarch Alexander Frolov Jr in November 2022. His son has stepped down as CEO of Target Global and left the group by the end of 2022.

April 23, 2023

Finally: Western Sanctions Against Cypriot Professionals Resulted in 10,000 Frozen Bank Accounts!

On April 12 and 13, the US and the UK included 13 Cypriot lawyers and accountants in their sanctions lists for facilitating Russian oligarchs. The measures are aimed to dismantle the financial networks of Roman Abramovich and Alisher Usmanov. 10,000 bank accounts and other assets belonging to their alleged “financial fixers” were frozen. The sanctions also signal (finally) that the Western allies will no longer look the other way when Cyprus breaks the sanction game's rules.

January 20, 2023

United States And French Law Enforcement Actions Against Russian Crypto Exchange Bitzlato!

While the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order that identifies the virtual currency exchange Bitzlato Limited d/b/a Bitzlato..

December 16, 2022

Ukraine War: EU Adopts 9th Package Of Sanctions!

In response to Russia’s continuing war of aggression against Ukraine and the gravity of the current escalation against civilians and civilian infrastructure, the EU Council adopted a 9th package of new measures intended to step up pressure on Russia and its government. The 9th package imposes new export controls and restrictions on dual-use goods and technology as well as goods and technology that can contribute to the technological enhancement of Russia’s defence and security sector.

October 7, 2022

The EU Crypto Ban On Russians And Some Of The Top Crypto Payment Processors Affected!

The EU has announced an adaptation of the existing sanctions package against Russia. Among other things, this provides for a complete ban on crypto services for Russian companies, citizens, or residents. This ban will probably be critical for licensed or unlicensed Estonian crypto payment processors. We have repeatedly pointed out that FIU-licensed Estonian and some Lithuanian crypto platforms apparently do a significant part of their business with Russian merchants and consumers.

Ukraine War

October 6, 2022

Breaking: EU Imposes Full Crypto Ban On Russia And Its People!

The Council of the EU has today agreed to implement a full ban on the provision of crypto services to Russian persons and residents as part of the Western’s new sanctions package against Russia following its most recent annexation of Donetsk, Luhansk, Zaporizhzhia, and Kherson regions in Ukraine. In a statement, the Council of the EU announced it would implement a “full ban on the provision of crypto-asset wallet, account or custody services to Russian persons and residents, regardless of the total value of those crypto-assets.”

June 17, 2022

Recession Fears Explode Among CEOs And Top Executives!

The Conference Board issued a special C-Suite Outlook midyear survey of 750 CEOs and other C-suite executives. The survey focused on the impacts of the Ukraine War conflict on the global business environment. More than 60% of the survey participants expect a recession in their geographic region in the next 12 to 18 months. An additional 15% think the region of the world where their company operates is already in a recession. The war’s impact appears far-reaching.

March 29, 2022

Chasing Russian oligarchs and their assets! A CIA Report and the Austrian Connection!

It's not easy to be a Russian oligarch at this time. According to a New York Times report, some Russian oligarchs have used Concord Management LLC, a financial advisory company in Tarrytown, New York, to secretly invest money in large US hedge funds and private equity firms. Allegedly, the bulk of the funds belonged to Roman Abramovich, a close ally of Russian President Vladimir Putin. Concord and its founder, Michael Matlin, said it oversaw between $4 billion and $8 billion.

March 27, 2022

The Blackrock CEO, the end of the world as we know it, and the rise of digital currency and green technology!

Larry Fink, the CEO of Blackrock, the world's largest asset manager with $10,000 billion in assets, shows dismay about the Ukraine War in his traditional letter to shareholders. He even sees the end of globalization. "Russia’s brutal attack on Ukraine has upended the world order that had been in place since the end of the Cold War" the Blackrock CEO noted. He said Russia's inclusion in the global financial system had provided a peace dividend. That, he said, is now over. The impact of the Ukraine War will be felt for decades to come in ways we can’t yet predict.