Risky Bulletin Newsletter
November 06, 2023
Risky Biz News: US sanctions Russian woman for laundering money for Ryuk gang, Russian elites
Presented by

News Editor
The US Treasury has sanctioned a Russian businesswoman named Ekaterina Zhdanova for helping Russian oligarchs and cybercrime gangs evade sanctions and launder stolen cryptocurrency.
Officials say Zhdanova worked as an intermediary in order to obfuscate the real nature of various illegal transactions.
She disguised operations using traditional businesses operating overseas but also used accounts at cryptocurrency platforms that did not enforce anti-money laundering (AML/CFT) controls.