By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: The FBI Retains The Power To Capture Russia’s Potential To Bypass The Sanctions, According To FBI Director
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > News > POLICY AND REGULATION > The FBI Retains The Power To Capture Russia’s Potential To Bypass The Sanctions, According To FBI Director
NewsPOLICY AND REGULATION

The FBI Retains The Power To Capture Russia’s Potential To Bypass The Sanctions, According To FBI Director

news room
Posted news room March 12, 2022 293 Views 4 Min Read
Updated 2022/04/26 at 9:40 PM
The FBI retains the power to capture Russia's potential to use digital currency to evade sanctions
SHARE

The FBI retains the power to capture Russia’s potential to use digital currency to evade sanctions. He further said that “The Russians’ ability to circumvent the sanctions with cryptocurrency is probably highly overestimated on the part of maybe them and others.”

The FBI retains the power to capture Russia's potential to use digital currency to evade sanctions

The director of the federal bureau of investigation, Christopher Wray stated. that the law enforcement agency or FBI have the authority to block Russia from avoiding sanctions imposed by the US authorities due to its attack on Ukraine.

 

On Thursday at a hearing of the Senate select committee on intelligence, a US senator, Martin Heinrich questioned the FBI Director, Wray. If Russia might have answered the economic effect of the United States blocking the import of the country’s oil and gas. By utilizing assets like gold, China’s currency, or digital currency.

 

Then the Director of the FBI said that the FBI and its associates had “built up significant expertise” on cryptocurrency. By referring to the law enforcement agency’s recent performance of capturing large numbers of tokens. As proof, there were risks in digital currencies to evade sanctions.

 

Furthermore, he said at the hearing that the “Russian government’s potential to evade sanctions is overestimated.”

 He noted that he could seize this with the support of his colleagues of intelligence agencies, and foreign partners. As well, he stated that Russia has options to survive on traditional currency during sanctions.

Words By The Director Of FBI:

“There’s a lot of expertise in terms of tools and strategies to help block that kind of effort. Ultimately, what they really need to do is get access to some form of fiat currency, which becomes more challenging.”

Final Thoughts: 

The FBI director, Christopher Wray while speaking in the hearing Senate select committee on intelligence. That the FBI retains the power to block Russia from evading sanctions.

As well, this could occur with the support of its investigation agency’s colleagues and foreign partners. 

These most important statements arrived. After the EU commission’s announcement of taking action against the international Russian financial system. And other sanctions were imposed on the Russian financial system worldwide due to its attack on innocent Ukrainians. 

If you have really enjoyed reading our news. Then you should dare to leave comments and your feedback in the comment sections. And please share our news in your circles to help us grow.

 

As well, you can connect with us on our NFT based community on our social media accounts on Instagram, Facebook, and Twitter. Feel free to share your thoughts, and comments with us.

 

Disclaimer: We are not experts or financial advisors. Kindly, take your decisions at your own risk. As crypto investment contains risk. And our aim is to keep you aware of the current cryptocurrencies, and NFTs headlines.

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article The UK's financial regulatory authority ordered to remove all the illicit crypto ATMs The UK’s Financial Regulatory Authority Ordered – To Remove All The Illicit Crypto ATMs
Next Article Bitfinex declared zero bans on crypto holdings to non sanctioned Russians Bitfinex Declared Zero Bans On Crypto Holdings To Non Sanctioned Russians .
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

DeFi protocol DefiLlama has resolved its internal conflicts 1
DeFi protocol DefiLlama has resolved its internal conflicts
CRYPTOPEDIA News WEB3 March 21, 2023
Crypto Fear and Greed Index has reached its highest level
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWS News March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users
AI BLOCKCHAIN NEWS News March 20, 2023
Join us
Ad imageAd image

You Might also Like

DeFi protocol DefiLlama has resolved its internal conflicts 1
CRYPTOPEDIANewsWEB3

DeFi protocol DefiLlama has resolved its internal conflicts

March 21, 2023
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWSNews

Crypto Fear and Greed Index has reached its highest level

March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
AIBLOCKCHAIN NEWSNews

Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users

March 20, 2023
New York allows Binance Voyager deal to proceed without holdings
EXCHANGESNews

New York Judge allows Binance-Voyager deal to proceed without holdings

March 17, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?