US sanctions crypto exchange over ransomware ties : USBTP

Benjonas22212 Jul, 2023Finance

Some virtual currency exchanges are exploited by malicious actors, but others, as is the case with SUEX, facilitate illicit activities for their own illicit gains, ? a Treasury statement said, adding they are the first sanctions against a crypto exchanges. As a result of the sanctions, any assets of the platform under US jurisdiction are now blocked and Americans are barred from using SUEX.