A Russian crypto project backed by the Kremlin has reportedly moved around $6 billion despite U.S. sanctions.
They used a stablecoin called A7A5, part of a payment system built to replace Western banks after Russia was cut off in 2022.
When one of their exchanges got blacklisted, they deleted and recreated most of the coins to make them look “clean.”
It shows how hard it is to fully stop money from moving through crypto.