Coinbase says it’s currently blocking 25,000 cryptocurrency addresses linked to Russian people or entities, defending itself against claims that Russia could evade sanctions with crypto. In a blog post published yesterday, chief legal officer Paul Grewal outlined how the financial exchange is complying with new rules imposed amid the ongoing invasion of Ukraine. That includes using “sophisticated blockchain analytics” to identify accounts that are indirectly linked to banned users.
“Sanctions play a vital role in promoting national security and deterring unlawful aggression, and Coinbase fully supports these efforts by government authorities,” said Grewal.
Interesting, isn't it? How all crypto claims turned out to be fake and how most large crypto companies executed order 66 :-)
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