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2026-10-08 12:26:23 UTC

BrianKrebs on Nostr: The United Kingdom has finally gotten round to sanctioning the RU crypto payments ...

The United Kingdom has finally gotten round to sanctioning the RU crypto payments platform Cryptomus, aka Xeltox Enterprises, Certa Payments and more recently Heleket.

After our story in 2024 detailing how dozens of cryptocurrency exchanges were using Cryptomus to turn their funds into cash at RU banks, and how dozens of these sketchy money transfer businesses were located at the same address in British Columbia, Canada fined Cryptomus/Xeltox a record $176 million fine for money laundering violations.

https://assets.publishing.service.gov.uk/media/6ac767c6e8ef5609e7c93369/Sanctions_Notice__Russia__8_October_2026.pdf

Our 2024 report: https://krebsonsecurity.com/2024/12/how-cryptocurrency-turns-to-cash-in-russian-banks/

Oct 2025: https://krebsonsecurity.com/2025/10/canada-fines-cybercrime-friendly-cryptomus-176m/