{"investigation":{"slug":"rapira-group-llc-aifory-llc-aifory-pro","entity_name":"Rapira Group LLC / Aifory LLC (Aifory Pro)","trust_score":2,"severity_base":null,"score_modifier":0,"confidence":0.88,"status":"published","content_type":"investigation","summary":"Rapira Group LLC and Aifory LLC (operating as Aifory Pro) are Georgia-incorporated cryptocurrency exchanges that operated primarily as ruble-to-crypto fiat on-ramps targeting Russian and CIS retail users. On May 26, 2026, the UK Foreign, Commonwealth and Development Office designated both entities under the Russia (Sanctions) (EU Exit) Regulations 2019 as part of an 18-entity package targeting the A7 sanctions-evasion network. UK sanctions impose full asset freezes, Regulation 17A correspondent banking prohibitions, and internet access restrictions — representing the first application of banking-style sanctions to crypto exchanges under the UK Russia sanctions regime. Georgian courts separately convicted individuals connected to the fictitious registration scheme used to incorporate both entities, with the alleged organizer receiving a 9-year sentence in April 2026.","sections":[{"content":"On May 26, 2026, the UK Foreign, Commonwealth and Development Office designated Rapira Group LLC and Aifory LLC under the Russia (Sanctions) (EU Exit) Regulations 2019, as part of a sweeping 18-entity package targeting the A7 crypto sanctions-evasion network. Both entities were listed under the category 'Entities and individuals involved in supporting the Russian financial sector.' This designation marked the first time the UK applied Regulation 17A of its Russia sanctions regime to cryptoasset exchanges, a tool previously reserved for sanctioned banks. Under Regulation 17A, UK financial firms and crypto service providers are prohibited from maintaining correspondent relationships with or processing payments tied to Rapira Group and Aifory. Additional measures include full asset freezes under Regulations 11 and 12, and internet restriction orders requiring app stores, internet providers, and social media platforms to take reasonable steps to block UK users from accessing content or applications linked to both entities. The package targets what UK officials characterized as Russia's 'illicit financial infrastructure used to move funds, procure goods, and sustain its war,' with the A7 network alleged to have moved over $90 billion into Russia's economy in the preceding year — more than half of Russia's estimated annual military budget.","heading":"UK FCDO Sanctions Designation (May 26, 2026)","sources":[{"url":"https://www.gov.uk/government/publications/list-of-russia-sanctions-designations-26-may-2026","name":"List of Russia sanctions designations, 26 May 2026 — GOV.UK","type":"regulatory","credibility":1},{"url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion","name":"UK Designates Huobi, Exmo, Bitpapa, and 11 Other Entities for Russian Crypto Sanctions Evasion — TRM Labs","type":"research","credibility":2},{"url":"https://www.elliptic.co/blog/uk-designates-cryptoasset-exchanges-in-sweeping-new-sanctions-package","name":"UK designates cryptoasset exchanges including HTX in sweeping new sanctions package — Elliptic","type":"research","credibility":2},{"url":"https://www.coindesk.com/business/2026/05/26/uk-sanctions-huobi-and-ruble-stablecoin-issuer-in-crackdown-on-russia-crypto-networks","name":"UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks — CoinDesk","type":"news_article","credibility":2}],"severity":"critical"},{"content":"Rapira Group LLC was registered in Kutaisi, Georgia on November 9, 2022, with British citizen Ilya Akhaev listed as both founder and, as of the sanctions designation, liquidator. Georgia's Investigation Service of the Ministry of Finance determined the company had no Georgian bank accounts, assets, or physical offices, and provided services exclusively to Russian users. The platform operated via the domains rapira.net and rapira.org and offered cryptocurrency exchange allegedly without mandatory KYC or identity verification, integrating with Russian state-linked banking channels including Sberbank, VTB, Gazprombank, and Promsvyazbank — all of which carry existing OFAC designations. TRM Labs documented Rapira's total bilateral exposure with UK-targeted and pre-existing sanctioned Russian network entities at over $543 million. The single largest counterparty relationship was $375.6 million with Grinex.io, the alleged successor to Garantex, beginning on March 10, 2025 — three days after Garantex's enforcement takedown. Huobi (HTX) flows to Rapira also grew substantially after Garantex's disruption, rising from approximately $30 million to $184 million. Elliptic separately documented over $72 million in direct Rapira-Grinex bilateral transactions. In late September 2025, Russian law enforcement raided Rapira's Moscow City office in connection with an investigation into alleged capital flight to Dubai. Officers seized over $10 million in US currency, 100 million rubles, and 200,000 euros, along with equipment across the affected exchanges; Rapira publicly denied links to illegal transfers to Dubai. By October 2025, Rapira's app resumed limited functionality though withdrawals remained suspended. The company was reportedly in active liquidation proceedings at the time of the UK designation.","heading":"Rapira Group LLC: Corporate Structure and Operations","sources":[{"url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion","name":"UK Designates Huobi, Exmo, Bitpapa, and 11 Other Entities for Russian Crypto Sanctions Evasion — TRM Labs","type":"research","credibility":2},{"url":"https://www.elliptic.co/blog/russia-linked-cryptocurrency-services-and-sanctions-evasion","name":"Russia-linked cryptocurrency services and sanctions evasion — Elliptic","type":"research","credibility":2},{"url":"https://jam-news.net/uk-imposes-sanctions-on-three-companies-registered-in-georgia/","name":"UK imposes sanctions on three companies registered in Georgia — JAMnews","type":"news_article","credibility":2},{"url":"https://www.mitrade.com/au/insights/news/live-news/article-3-1177438-20251007","name":"Russian crypto exchanges resume operation after September police raids — Mitrade","type":"news_article","credibility":2},{"url":"https://cointelegraph.com/news/russian-crypto-mosca-raided-cash-crypto-ban-talks","name":"Russian crypto exchange Mosca raided amid cash-to-crypto ban talks — CoinTelegraph","type":"news_article","credibility":2}],"severity":"critical"},{"content":"Aifory LLC was registered in the Tbilisi Free Industrial Zone on June 23, 2023, by Giorgi Nutsubidze, with Mikhail Gevorkyan listed as director and sole owner. Georgia's Investigation Service subsequently determined the registration was fictitious and conducted in exchange for payment, with all actual operations running from Moscow and no assets or offices established in Georgia. The platform operated publicly as Aifory Pro since mid-2023 and positioned itself as a 'Foreign Economic Activity Payment Agent' facilitating international trade, including between Russia and China. Cash-to-crypto services were offered from physical offices in Moscow, Dubai, and Turkey, with marketing materials advertising offline exchanges from 5,000,000 RUB with volumes of up to 100 million rubles per hour by appointment. Aifory Pro also marketed USDT-backed virtual payment cards and Apple Pay-enabled cards, explicitly described as allowing Russian users to access Western services blocked inside Russia, including Airbnb and ChatGPT — which Elliptic characterized as a product explicitly facilitating bypass of service restrictions. TRM Labs documented total incoming and outgoing volume exceeding $3 billion. Documented bilateral exposure with the Russia-linked sanctions ecosystem totaled $189 million: $175.2 million (93%) attributable to ABCex, $9.6 million bilateral with Garantex, $2.9 million with Rapira Group, and $0.6 million with A7 corporate infrastructure. Elliptic separately identified approximately $2 million in transactions from Aifory Pro to Abantether, an Iranian exchange, indicating potential multi-jurisdictional sanctions exposure.","heading":"Aifory LLC (Aifory Pro): Corporate Structure and Operations","sources":[{"url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion","name":"UK Designates Huobi, Exmo, Bitpapa, and 11 Other Entities for Russian Crypto Sanctions Evasion — TRM Labs","type":"research","credibility":2},{"url":"https://www.elliptic.co/blog/russia-linked-cryptocurrency-services-and-sanctions-evasion","name":"Russia-linked cryptocurrency services and sanctions evasion — Elliptic","type":"research","credibility":2},{"url":"https://georgiatoday.ge/finance-ministry-investigates-uk-sanctioned-firms-says-cases-already-resolved/","name":"Finance ministry investigates UK-sanctioned firms, says cases already resolved — Georgia Today","type":"news_article","credibility":2},{"url":"https://jam-news.net/national-bank-of-georgia-georgian-companies-sanctioned-by-uk-were-not-under-our-supervision/","name":"National Bank of Georgia on sanctioned companies — JAMnews","type":"news_article","credibility":2}],"severity":"critical"},{"content":"Georgia's Investigation Service of the Ministry of Finance conducted a parallel investigation and established that Aifory LLC and Arvix LLC were fictitiously registered in the names of Georgian nationals in exchange for payment, while actual operations ran from Moscow. Rapira Group LLC was determined to have been registered through a power of attorney with no Georgian operational presence. A Georgian court issued a ruling on April 28, 2026 — approximately one month before the UK sanctions — in a criminal case connected to the fictitious registration scheme. Three defendants received fines and suspended sentences; the alleged principal organizer, Davit Jincharadze, received a sentence of 9 years and 6 months imprisonment. The National Bank of Georgia stated it had provided relevant information to law enforcement in September 2025 and had applied supervisory measures at that time, and further noted that the UK-sanctioned Georgian-registered companies were not under its supervision. The pattern of fictitious Georgian incorporation while operating from Moscow represents deliberate regulatory arbitrage intended to present a non-Russian legal domicile to international counterparties and compliance screening systems.","heading":"Georgian Criminal Proceedings and Shell Registration Scheme","sources":[{"url":"https://georgiatoday.ge/finance-ministry-investigates-uk-sanctioned-firms-says-cases-already-resolved/","name":"Finance ministry investigates UK-sanctioned firms, says cases already resolved — Georgia Today","type":"news_article","credibility":2},{"url":"https://jam-news.net/national-bank-of-georgia-georgian-companies-sanctioned-by-uk-were-not-under-our-supervision/","name":"National Bank of Georgia on sanctioned companies — JAMnews","type":"news_article","credibility":2},{"url":"https://ge.news-pravda.com/en/russia/2026/05/26/29766.html","name":"The UK has added three companies registered in Georgia to the sanctions list — Pravda Georgia","type":"news_article","credibility":2}],"severity":"high"},{"content":"Both Rapira Group and Aifory Pro are alleged by UK authorities and blockchain analytics firms to form part of the 'last mile' ruble liquidity infrastructure supporting the A7 network. The A7 network is a group of companies and individuals alleged to have moved more than $90 billion into Russia's economy using cryptocurrency in the preceding year, a figure UK officials described as exceeding half of Russia's annual military budget. The network's mechanism centered on the A7A5 ruble-backed stablecoin ecosystem, which accumulated $93 billion in trading volume in its first year, enabling Russian firms to swap rubles into stablecoin and then into dollar-pegged assets such as USDT, circumventing Western banking restrictions. Rapira Group and Aifory Pro represent the retail-facing conversion layer, converting physical rubles to digital assets that larger network nodes then move internationally. Both entities' exposure grew substantially after the March 2025 Garantex enforcement takedown, consistent with a documented pattern whereby successor infrastructure absorbs displaced volume from disrupted sanctioned predecessors. According to TRM Labs, HTX flows to the successor-exchange set including Rapira, Aifory Pro, Grinex.io, ABCex, A7, and A7A5 grew approximately 10-fold following Garantex's disruption. The UK sanctions package designating both entities alongside HTX (Huobi) and EXMO reflects a stated strategy of targeting the full spectrum of the sanctions-evasion supply chain, from large international exchanges to smaller regional on-ramps.","heading":"Role in the A7 Sanctions-Evasion Network","sources":[{"url":"https://www.chainalysis.com/blog/uk-sanctions-crypto-entities-russian-trade-blockade-evasion-may-2026/","name":"UK Sanctions Crypto Companies With Russia Ties — Chainalysis","type":"research","credibility":2},{"url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion","name":"UK Designates Huobi, Exmo, Bitpapa, and 11 Other Entities for Russian Crypto Sanctions Evasion — TRM Labs","type":"research","credibility":2},{"url":"https://www.cryptotimes.io/2026/05/26/uk-moves-to-choke-russias-crypto-powered-shadow-economy/","name":"UK Moves to Choke Russia's Crypto-Powered Shadow Economy — CryptoTimes","type":"news_article","credibility":2},{"url":"https://paymentexpert.com/2026/05/27/uk-sanctions-russia-crypto-payments/","name":"UK sanctions Russia-linked A7 crypto and payment firms — Payment Expert","type":"news_article","credibility":2}],"severity":"critical"},{"content":"Prior to the UK designation, both Rapira Group and Aifory Pro were identified in research published by Elliptic in February 2026 as entities filling the liquidity void left by Garantex's March 2025 enforcement takedown. Elliptic named five exchanges — Bitpapa, ABCex, EXMO, Rapira, and Aifory Pro — as the primary platforms absorbing displaced Russian sanctions-evasion flows after Garantex's disruption. The report noted that Rapira's Moscow office had been searched in a capital-flight investigation and documented Aifory Pro's USDT virtual card product as explicitly designed to circumvent Western service restrictions inside Russia. Elliptic also identified the Abantether (Iranian exchange) connection as a high-risk cross-jurisdictional indicator. The pre-designation Elliptic and TRM Labs analytical products preceded the UK sanctions package by approximately three months, indicating the designation drew in part on blockchain analytics research already in the public domain.","heading":"Pre-Sanctions Flagging by Blockchain Intelligence Firms","sources":[{"url":"https://www.elliptic.co/blog/russia-linked-cryptocurrency-services-and-sanctions-evasion","name":"Russia-linked cryptocurrency services and sanctions evasion — Elliptic","type":"research","credibility":2},{"url":"https://www.coindesk.com/business/2026/02/23/elliptic-flags-russia-linked-crypto-platforms-ongoing-sanctions-evasion","name":"Elliptic flags Russia-linked crypto exchanges over sanctions exposure risks — CoinDesk","type":"news_article","credibility":2},{"url":"https://whale-alert.io/stories/d68d01d7a6170f/Elliptic-Five-exchanges-Bitpapa-ABCeX-Exmo-Rapira-Aifory-Pro-enable-ruble-to-crypto-conversions-used-to-evade-sanctions-including-USDT-virtual-cards","name":"Elliptic: Five exchanges enable ruble-to-crypto conversions used to evade sanctions — Whale Alert","type":"research","credibility":2},{"url":"https://atlas21.com/russia-five-crypto-exchanges-allegedly-circumventing-international-sanctions/","name":"Russia: five crypto exchanges allegedly circumventing international sanctions — Atlas21","type":"news_article","credibility":2}],"severity":"high"},{"content":"As of May 26, 2026, any UK person or entity transacting with Rapira Group LLC or Aifory LLC faces criminal and civil penalties under the UK Russia (Sanctions) (EU Exit) Regulations 2019. The asset freeze applies to all funds, economic resources, or financial assets owned, held, or controlled by either entity that fall under UK jurisdiction. UK financial institutions are prohibited from processing payments or maintaining any correspondent banking relationships with these entities. Aifory Pro's ruble-to-USDT virtual card product, marketed via its website, represents a direct retail-facing sanctions risk for any payment processor handling transactions tied to these cards. Rapira's alleged integration with OFAC-designated Russian banks — Sberbank, VTB, Gazprombank, and Promsvyazbank — compounds US secondary sanctions exposure for non-UK counterparties globally. Both entities' lack of robust AML and KYC controls, documented in Elliptic's research, means on-chain tracing through their infrastructure presents significant due-diligence challenges. Retail users in CIS countries who hold funds on either platform face uncertainty regarding fund accessibility given the sanctions designation and, in Rapira's case, ongoing liquidation proceedings and the prior suspension of withdrawals following the September 2025 Russian police raids.","heading":"Compliance and Counterparty Risk","sources":[{"url":"https://www.gov.uk/government/publications/list-of-russia-sanctions-designations-26-may-2026","name":"List of Russia sanctions designations, 26 May 2026 — GOV.UK","type":"regulatory","credibility":1},{"url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion","name":"UK Designates Huobi, Exmo, Bitpapa, and 11 Other Entities for Russian Crypto Sanctions Evasion — TRM Labs","type":"research","credibility":2},{"url":"https://coinpedia.org/news/uk-sanctions-crypto-exchanges-for-first-time-under-russia-regime/","name":"UK Sanctions Crypto Exchanges for First Time Under Russia Regime — CoinPedia","type":"news_article","credibility":2}],"severity":"critical"}],"timeline":[{"date":"2022-11-09","event":"Rapira Group LLC incorporated in Kutaisi, Georgia via power of attorney by British citizen Ilya Akhaev. Georgian Investigation Service later determines no Georgian assets, bank accounts, or offices were ever established.","source":"JAMnews / Georgia Today","source_url":"https://jam-news.net/uk-imposes-sanctions-on-three-companies-registered-in-georgia/"},{"date":"2023-06-23","event":"Aifory LLC incorporated in the Tbilisi Free Industrial Zone by Giorgi Nutsubidze, with Mikhail Gevorkyan as director. Georgian Investigation Service later determines registration was fictitious and conducted in exchange for payment.","source":"Georgia Today","source_url":"https://georgiatoday.ge/finance-ministry-investigates-uk-sanctioned-firms-says-cases-already-resolved/"},{"date":"2023-07-01","event":"Aifory Pro begins operations as a ruble-to-crypto on-ramp (approximate, based on TRM Labs on-chain analysis placing launch in mid-2023). Total lifetime volume eventually exceeds $3 billion.","source":"TRM Labs","source_url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion"},{"date":"2025-03-07","event":"Garantex, the primary Russian crypto exchange enabling sanctions evasion, is seized and shut down by a US-led international law enforcement operation. Rapira Group, Aifory Pro, and other successor platforms subsequently absorb displaced transaction volume.","source":"Chainalysis / Decrypt","source_url":"https://www.chainalysis.com/blog/uk-sanctions-crypto-entities-russian-trade-blockade-evasion-may-2026/"},{"date":"2025-03-10","event":"Rapira Group begins documented bilateral flows with Grinex.io — the alleged Garantex successor — three days after Garantex's takedown. This relationship ultimately accounts for $375.6 million of Rapira's documented sanctioned-ecosystem exposure.","source":"TRM Labs","source_url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion"},{"date":"2025-09-01","event":"National Bank of Georgia provides law enforcement with information about Rapira Group, Aifory LLC, and related entities operating without proper Georgian registration, and applies supervisory measures.","source":"JAMnews","source_url":"https://jam-news.net/national-bank-of-georgia-georgian-companies-sanctioned-by-uk-were-not-under-our-supervision/"},{"date":"2025-09-25","event":"Russian law enforcement raids Rapira's Moscow City office as part of an investigation into alleged capital flight to Dubai. Over $10 million in USD, 100 million rubles, and 200,000 euros seized across raided exchanges including Rapira and Mosca. Rapira denies any link to illegal fund transfers.","source":"Mitrade / CoinTelegraph","source_url":"https://www.mitrade.com/au/insights/news/live-news/article-3-1177438-20251007"},{"date":"2025-10-07","event":"Rapira resumes limited app operations following September raids; withdrawals remain suspended. The Mosca exchange, also raided, resumes full operations more quickly.","source":"Mitrade","source_url":"https://www.mitrade.com/au/insights/news/live-news/article-3-1177438-20251007"},{"date":"2026-02-21","event":"Elliptic publishes research naming Rapira and Aifory Pro among five exchanges enabling ruble-to-crypto conversion for sanctions evasion following Garantex's shutdown, documenting USDT virtual card circumvention tools and on-chain exposure to sanctioned entities.","source":"CoinDesk / Elliptic","source_url":"https://www.coindesk.com/business/2026/02/23/elliptic-flags-russia-linked-crypto-platforms-ongoing-sanctions-evasion"},{"date":"2026-04-28","event":"Georgian court issues criminal convictions connected to the fictitious registration of Aifory LLC and related entities. Three defendants receive fines and suspended sentences; alleged organizer Davit Jincharadze receives 9 years and 6 months imprisonment.","source":"Georgia Today","source_url":"https://georgiatoday.ge/finance-ministry-investigates-uk-sanctioned-firms-says-cases-already-resolved/"},{"date":"2026-05-26","event":"UK FCDO designates Rapira Group LLC and Aifory LLC among 18 entities in a Russia crypto-sanctions package. Full asset freezes imposed. Regulation 17A correspondent banking prohibitions applied — the first use of this measure against crypto exchanges under UK Russia sanctions. Internet restriction orders applied to both entities' digital properties.","source":"GOV.UK","source_url":"https://www.gov.uk/government/publications/list-of-russia-sanctions-designations-26-may-2026"},{"date":"2026-05-26","event":"National Bank of Georgia publicly states that the UK-sanctioned Georgian-registered companies, including Rapira Group and Aifory LLC, were not under its supervision.","source":"JAMnews","source_url":"https://jam-news.net/national-bank-of-georgia-georgian-companies-sanctioned-by-uk-were-not-under-our-supervision/"}],"sources_used":[{"url":"https://www.gov.uk/government/publications/list-of-russia-sanctions-designations-26-may-2026","name":"List of Russia sanctions designations, 26 May 2026 — GOV.UK","type":"regulatory","archive_url":"http://web.archive.org/web/20260706150200/https://www.gov.uk/government/publications/list-of-russia-sanctions-designations-26-may-2026","credibility":1,"archive_timestamp":"2026-07-06T15:02:00+00:00"},{"url":"https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion","name":"UK Designates Huobi, Exmo, Bitpapa, and 11 Other Entities for Russian Crypto Sanctions Evasion — TRM Labs","type":"research","archive_url":"http://web.archive.org/web/20260618051113/https://www.trmlabs.com/resources/blog/uk-designates-huobi-exmo-bitpapa-and-11-other-entities-for-russian-crypto-sanctions-evasion","credibility":2,"archive_timestamp":"2026-06-18T05:11:13+00:00"},{"url":"https://www.chainalysis.com/blog/uk-sanctions-crypto-entities-russian-trade-blockade-evasion-may-2026/","name":"UK Sanctions Crypto Companies With Russia Ties — Chainalysis","type":"research","archive_url":"http://web.archive.org/web/20260620022630/https://www.chainalysis.com/blog/uk-sanctions-crypto-entities-russian-trade-blockade-evasion-may-2026/","credibility":2,"archive_timestamp":"2026-06-20T02:26:30+00:00"},{"url":"https://www.elliptic.co/blog/russia-linked-cryptocurrency-services-and-sanctions-evasion","name":"Russia-linked cryptocurrency services and sanctions evasion — Elliptic","type":"research","archive_url":"http://web.archive.org/web/20260720000824/https://www.elliptic.co/blog/russia-linked-cryptocurrency-services-and-sanctions-evasion","credibility":2,"archive_timestamp":"2026-07-20T00:08:24+00:00"},{"url":"https://www.elliptic.co/blog/uk-designates-cryptoasset-exchanges-in-sweeping-new-sanctions-package","name":"UK designates cryptoasset exchanges including HTX in sweeping new sanctions package — Elliptic","type":"research","archive_url":"http://web.archive.org/web/20260526223716/https://www.elliptic.co/blog/uk-designates-cryptoasset-exchanges-in-sweeping-new-sanctions-package","credibility":2,"archive_timestamp":"2026-05-26T22:37:16+00:00"},{"url":"https://www.coindesk.com/business/2026/05/26/uk-sanctions-huobi-and-ruble-stablecoin-issuer-in-crackdown-on-russia-crypto-networks","name":"UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks — CoinDesk","type":"news_article","archive_url":"http://web.archive.org/web/20260619010925/https://www.coindesk.com/business/2026/05/26/uk-sanctions-huobi-and-ruble-stablecoin-issuer-in-crackdown-on-russia-crypto-networks","credibility":2,"archive_timestamp":"2026-06-19T01:09:25+00:00"},{"url":"https://www.coindesk.com/business/2026/02/23/elliptic-flags-russia-linked-crypto-platforms-ongoing-sanctions-evasion","name":"Elliptic flags Russia-linked crypto exchanges over sanctions exposure risks — CoinDesk","type":"news_article","archive_url":"http://web.archive.org/web/20260224103300/https://www.coindesk.com/business/2026/02/23/elliptic-flags-russia-linked-crypto-platforms-ongoing-sanctions-evasion","credibility":2,"archive_timestamp":"2026-02-24T10:33:00+00:00"},{"url":"https://www.cryptotimes.io/2026/05/26/uk-moves-to-choke-russias-crypto-powered-shadow-economy/","name":"UK Moves to Choke Russia's Crypto-Powered Shadow Economy — CryptoTimes","type":"news_article","archive_url":"https://web.archive.org/web/20260726035237/https://www.cryptotimes.io/2026/05/26/uk-moves-to-choke-russias-crypto-powered-shadow-economy/","credibility":2,"archive_timestamp":"2026-07-26T03:52:37+00:00"},{"url":"https://georgiatoday.ge/finance-ministry-investigates-uk-sanctioned-firms-says-cases-already-resolved/","name":"Finance ministry investigates UK-sanctioned firms, says cases already resolved — Georgia Today","type":"news_article","archive_url":"http://web.archive.org/web/20260617034359/https://georgiatoday.ge/finance-ministry-investigates-uk-sanctioned-firms-says-cases-already-resolved/","credibility":2,"archive_timestamp":"2026-06-17T03:43:59+00:00"},{"url":"https://jam-news.net/national-bank-of-georgia-georgian-companies-sanctioned-by-uk-were-not-under-our-supervision/","name":"National Bank of Georgia on sanctioned companies — JAMnews","type":"news_article","archive_url":"http://web.archive.org/web/20260605225914/https://jam-news.net/national-bank-of-georgia-georgian-companies-sanctioned-by-uk-were-not-under-our-supervision/","credibility":2,"archive_timestamp":"2026-06-05T22:59:14+00:00"},{"url":"https://jam-news.net/uk-imposes-sanctions-on-three-companies-registered-in-georgia/","name":"UK imposes sanctions on three companies registered in Georgia — 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