U
Update Advcash: New Offshore Entity And US Investigations!
Advcash, a high-risk payment processor and e-wallet operator, is deeply rooted in Russian control. Advanced Cash Limited in Belize and Second February Limited in Seychelles officially operate the service. Additionally, a spin-off, Adv2, functions through Payean Finance Inc. in Canada and Payean UAB in Lithuania, catering to the crypto wallet market. Allegedly, U.S. authorities are investigating the Advcash scheme over money laundering and sanctions evasion.