📢The US Treasury Department has accused a Russian citizen working at Polyus, Russia's largest state-owned gold producer, of being involved in a complex cryptocurrency laundering scheme. OFAC charged Russian citizen Andrey Sudakov and his Hong Kong-based associate Mu Xiaolu with "a complex, multi-layered laundering scheme" in which payments from the sale of Russian-based gold were converted into fiat currency and cryptocurrencies through a series of UAE and Hong Kong-based front companies. targeted by involvement. This is the continuation of a series of sanctions aimed at limiting Russia's military capabilities.