A Reuters investigation, supported by blockchain analytics firms Global Ledger and Recoveris, exposes how Russian intelligence agencies like the FSB and GRU use Bitcoin to fund spies, mercenaries, and political influence campaigns. The case of Laken Pavan, a Canadian teen sentenced in Poland for espionage, highlights how the FSB recruits and pays agents via cryptocurrency. Blockchain analysis traced $500 in Bitcoin payments to Pavan back to a larger wallet linked to Russian intelligence, which has processed $600 million in BTC. The report also details Russia’s broader use of crypto to evade sanctions, finance pro-Russian propaganda, and monitor agent spending. With sanctions tightening, experts predict Russia will continue relying on cryptocurrency for covert operations.
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0 posts last weekNymVPN Launches Token Buyback Mechanism Ahead of Public Testing Phase
NymVPN has launched a perpetual token buyback mechanism as it prepares for public testing on February 26, ahead of its commercial launch on March 13. This innovative model allows users to pay for services in fiat or Bitcoin, converting payments into NYM tokens to sustain the network, while enhancing user anonymity through its decentralized infrastructure. The initiative aims to meet the growing demand for secure communication in the evolving Web3 landscape.
about NymVPN Launches Token Buyback Mechanism Ahead of Public Testing PhaseBB Biotech Reports Profit After Four Years of Losses
BB Biotech has reported a profit of CHF 76 million for 2024, marking its first profit in four years after consecutive losses totaling CHF 207 million in the previous year. Despite this turnaround, the share price fell by 13.5% to CHF 35.40, and the dividend will decrease to CHF 1.80 per share from CHF 2.00. The Annual General Meeting is set for March 19, 2025, with the full annual report to be published on February 21.
about BB Biotech Reports Profit After Four Years of LossesUBS Nears Settlement Over Credit Suisse Tax Violations in the US
UBS is reportedly nearing a settlement with the U.S. over alleged violations related to untaxed assets, stemming from a 2014 agreement Credit Suisse made with the Department of Justice. The settlement could involve a payment of several hundred million dollars, with an announcement expected soon.Additionally, a lawsuit has been filed against a former Credit Suisse client for concealing $90 million in assets from tax authorities, highlighting ongoing scrutiny of the bank’s practices regarding undeclared foreign accounts.
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