July 20, 2024

Payeer fined €9.3m for sanctions evasion

1 min read

Lithuania has imposed a €9.3 million ($10.07 million) fine against local cryptocurrency firm Payeer over sanctions violations, Reuters reported on Wednesday. Specifically, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), penalized the regulated crypto company for facilitating the…

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Source: crypto.news

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