- Coinbase has blocked over 25,000 Russian Addresses.
- These accounts are believed to have been linked to illicit activities.
- The announcement was made on the Coinbase blog.
The US-based cryptocurrency agency Coinbase has blocked over 25,000 addresses related to Russian individuals or entities engaging in illicit activities. They have put up a post detailing this decision on a blog on the Coinbase site. The organization says that they are dedicated to complying with sanctions and, as a result, are developing a multi-layered, worldwide sanctions program.
JUST IN: Coinbase has blocked over 25,000 addresses related to Russian individuals or entities engaging in illicit activity.
— Watcher.Guru (@WatcherGuru) March 7, 2022
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