financial system, citing the conduct of Russians backing the invasion of Ukraine as evidence of how loopholes are being exploited.
"Illicit finance is a major national security threat and nowhere is that more apparent than in Russia's war against Ukraine, supported by decades of corruption by Russian elites," said Elizabeth Rosenberg, Treasury's assistant secretary for terrorist financing. "We need to close loopholes, work efficiently with international partners, and leverage new technologies to tackle the risks posed by corruption, an increase in domestic violent extremism and the abuse of virtual assets," Rosenberg said.
The department pointed to the number of sanctions imposed on people and entities due to the war and the potential for sanctioned individuals to evade sanctions. Earlier this month, Treasury barred individuals in the U.S. from providing accounting, legal and consulting services to anyone located in Russia.
The rubble is the worlds best performing currency. Imagine that
So they gonna look into trudohs finances?