US IRS Trains Ukrainian Law Enforcement to Detect Illegal Cryptocurrency Transactions by Russian Oligarchs and Companies

The US Internal Revenue Service (IRS) has reportedly trained Ukrainian law enforcement agencies to detect illegal cryptocurrency transactions carried out by Russian oligarchs and companies. The move is aimed at preventing Russia from using digital assets to evade Western-imposed restrictions or finance war-related efforts. The training includes the use of Chinalysis Reactor, an investigation software that connects cryptocurrency transactions to real-world entities. The Ukrainian agencies also aim to halt Russian fundraising campaigns related to cryptocurrencies, which they believe could be used to circumvent sanctions.

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