UK sanctions TokenSpot and Xeltox over ties to Grinex and A7
- —TokenSpot sent $164.8M to Grinex, $109.7M to Garantex and $679.5M to the A7 network
- —TokenSpot's TRON addresses received $3.54B and sent $3.14B
- —TRM found six shared TRON addresses and a common TRX fee-collection address
- —Sanctions include asset freezes, payment bans and internet restrictions
Why it matters: The move tightens pressure on Russia-linked crypto services and the ruble-backed A7A5 stablecoin used to bypass sanctions.
Source: Happycoin.club
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