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EXCLUSIVE: Kremlin’s sanctioned crypto payment network has Budapest link
LONDON–A multi-billion-dollar, supposedly “sanctions-proof” international payment system backed by the Kremlin and sanctioned by the West, has been associated with a business in downtown Budapest – staffed by a Latvian go-karting enthusiast – since December 2024. Leaked documents corroborated by reporter.london with open-source reporting suggest there is a risk that Hungarian company MiddleAsiaTrade House kft,…
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Fugitive Moldovan tycoon recruits top Russian bankers to run sanctions-busting crypto firm: leak
CITY OF LONDON–Senior executives from Russia’s mainstream banking sector have joined an avowedly sanctions-proof crypto and payments firm at the heart of the Kremlin’s strategy to disrupt the West, leaked documents show. The documents reveal, in granular detail, the emerging sanctions evasion tactics and election interference campaigns run by fugitive Moldovan businessman Ilan Shor, who…