Russia(gate/bot) New Biden Sanctions For Russia Due to SolarWinds CyberAttack, Ukraine Bullying etc

Husky_Khan

The Dog Whistler... I mean Whisperer.
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The sanctions include expelling diplomatic personnel, blacklisting various Russian companies, and restricting US Institutions from dealing with Ruble-dominated sovereign bond markets.

Reuters said:
Among the actions, President Joe Biden issue an executive order authorizing the U.S. government to sanction any sector of the Russian economy and used it to restrict Russia's ability to issue sovereign debt to punish Moscow for interfering in the 2020 U.S. election, an allegation Russia denies.

Biden barred U.S. financial institutions from taking part in the primary market for rouble-denominated Russian sovereign bonds from June 14. U.S. banks have been barred from taking part in the primary market for non-rouble sovereign bonds since 2019.

The U.S. Treasury also blacklisted 32 entities and individuals which it said had carried out Russian government-directed attempts to influence the 2020 U.S. presidential election and other "acts of disinformation and interference".

In concert with the European Union, Britain, Australia and Canada, the Treasury also sanctioned eight individuals associated with Russia's ongoing occupation and repression in Crimea, which Russia annexed from Ukraine in 2014.


But will Biden ever be able to surpass Trump's Militaries kill count of Russian mercenaries?
 
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Terthna

Professional Lurker
The sanctions include expelling diplomatic personnel, blacklisting various Russian companies, and restricting US Institutions from dealing with Ruble-dominated sovereign bond markets.




But will Biden ever be able to surpass Trump's Militaries kill count of Russian mercenaries?
For a lot of people in the American government, the cold war never ended; and if they have anything to say about it, it never will.
 

Zachowon

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The cold war hasn't. We just switched to a new enemy. The dems realize this but had to pick qn enemy yo use as an ally against Trump. They chose Chinz so Russia is big bad
 

Terthna

Professional Lurker
The cold war hasn't. We just switched to a new enemy. The dems realize this but had to pick qn enemy yo use as an ally against Trump. They chose Chinz so Russia is big bad
The establishment aligned themselves with China a long time ago, well before Trump got into office, and I don't think they ever stopped thinking of the Russians as their enemy.

You know, I remember some Russians over on Spacebattles, talking about how there was a time when their country was open to the possibility of friendly relations with American. Unfortunately, they eventually realized that our leaders were treating them not like a potential friend, but a conquered foe that must continually be suppressed so that they never again become a threat, and we ended up squandering that opportunity.
 

Zachowon

The Army Life for me! The POG life for me!
Founder
The establishment aligned themselves with China a long time ago, well before Trump got into office, and I don't think they ever stopped thinking of the Russians as their enemy.

You know, I remember some Russians over on Spacebattles, talking about how there was a time when their country was open to the possibility of friendly relations with American. Unfortunately, they eventually realized that our leaders were treating them not like a potential friend, but a conquered foe that must continually be suppressed so that they never again become a threat, and we ended up squandering that opportunity.
Trump was the closest to allowing an alliance.
China is hated by a lot of people so
 

Husky_Khan

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US Treasury Department sanctioned the Russian Cryptocurrency Exchange Suex for its alleged ties and work with various Russian-affiliated Ransomware groups.

ZD Net said:
Data showed that more than 40% of Suex's transactions involved "illicit actors" according to the Treasury Department, which added that virtual currency exchanges like Suex are "critical to the profitability of ransomware attacks, which help fund additional cybercriminal activity."

US officials said it was the first sanctions designation against a virtual currency exchange and was done in coordination with the FBI.

They noted that not all virtual currency exchanges are working with ransomware actors and explained that some are often exploited by malicious actors. But a number of exchanges work directly with ransomware gangs to increase profits.

"As a result of today's designation, all property and interests in property of the designated target that are subject to US jurisdiction are blocked, and US persons are generally prohibited from engaging in transactions with them. Additionally, any entities 50% or more owned by one or more designated persons are also blocked," the Treasury Department said of Suex.

"In addition, financial institutions and other persons that engage in certain transactions or activities with the sanctioned entities and individuals may expose themselves to sanctions or be subject to an enforcement action. Today's action against Suex does not implicate a sanctions nexus to any particular Ransomware-as-a-Service (RaaS) or variant."

Blockchain analysis company Chainalysis -- which assisted in the investigation -- said that while Suex is registered in the Czech Republic, it does not have a physical office there and has multiple branches in Moscow and St. Petersburg. There are also Suex branches across Russia and in the Middle East.

The exchange has become popular among cybercriminals because it claims to be able to convert cryptocurrency holdings into cash at branch locations and even facilitate the exchange of cryptocurrency for physical assets like real estate, cars and yachts, according to Chainalysis.

The sanctions are part of a larger effort to disrupt ransomware, which brought in at least $400 million in ransoms in 2020.

 

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