US Treasury sanctions 45 targets linked to Prince Group scams
By John Chen
The sanctions highlight the ongoing challenges in combating international crypto fraud and emphasize the need for robust compliance measures. The post US Treasury sanctions 45 targets linked to Prince Group scams appeared first on Crypto Briefing.
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Sanctions
Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.
Sanctions are used to pressure governments without military action, with costs for both sides.
More about SanctionsCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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