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Cryptocurrency exchange network accused of helping Russia hit with sanctions

Associated Press

WASHINGTON (AP) — A network of people and virtual currency exchanges associated with harboring Russian cybercrime have been hit with sanctions in a government-wide crackdown on cybercrime. The announcement could assist Russia ahead of President Joe Biden’s Thursday meeting with Ukrainian President Volodymyr Zelenskyy. The State Department is offering a $10 million reward for information that would lead to the arrest and/or conviction of two Russian hackers and the U.S. Attorney’s Office in Virginia has unsealed an indictment against them. Biden said in a statement announcing the sanctions that the U.S. “will continue to raise the costs on Russia for its war in Ukraine and to deprive the Russian defense industrial base of resources.”

Article Topic Follows: AP National News

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Associated Press

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