The EU has sanctioned multiple entities for using cryptocurrencies to evade restrictions, channel funds, and propagate pro‑Russian disinformation and election interference.
The European Union has sanctioned individuals linked to an operation that used digital assets to evade sanctions and fund pro-Russian disinformation campaigns.
In a decision announced on Tuesday under the EU’s Common Foreign and Security Policy, sanctions were imposed on nine individuals and six entities. Among them was Kremlin-linked influencer Simeon Boikov, known as AussieCossack, for spreading pro-Russian disinformation.
Boikov was reportedly also responsible for the spread of a fabricated video alleging voter fraud in Georgia in the 2024 US election. According to a Tuesday TRM Labs report, he raised donations through multiple channels, accepting cash and cryptocurrencies.
