The UK has sanctioned three crypto service providers — Cryptomus, Heleket and TokenSpot — as part of an action targeting Russian-linked entities suspected of evading sanctions. According to the information cited in the report, TokenSpot moved more than $950 million to sanctioned exchange Grinex, sanctioned exchange Garantex, and the Kremlin-backed A7 network. The measure places the three firms under UK sanctions in connection with that broader enforcement effort. The report did not provide additional details on the timing of the transfers or any further penalties beyond the sanctions designation itself.
The UK has imposed sanctions on Cryptomus, Heleket and TokenSpot in an action targeting Russian-linked entities suspected of sanctions evasion.
According to the report, TokenSpot transferred more than $950 million to sanctioned exchanges Grinex and Garantex, as well as the Kremlin-backed A7 network.
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