According to BlockBeats, on September 27, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued a statement on September 26 local time, saying that the U.S. Treasury Department has determined that a Russian cryptocurrency trading platform “PM2BTC” related to Russian citizen Sergey Sergeyevich Ivanov is related to “illegal finance.”

In addition, the U.S. Treasury Department also imposed sanctions on Ivanov and Cryptex, a cryptocurrency trading platform operating in Russia, on the same day.

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