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Suex.io
Why SEC Chair Gary Gensler Doesn't See Cryptocurrencies Lasting Long
In an interview with the Washington Post Tuesday, SEC Chair Gary Gensler said many cryptocurrencies won't last long, among a range of other comments. CoinDesk's Nikhilesh De discusses his reactions and analysis to Gensler's remarks. Plus, insights into the U.S. government's ongoing fight against ransomware following its sanctions against Russia-based cryptocurrency exchange Suex.io on allegations its transactions are associated with malicious actors, including ransomware proceeds.
US Sanctions Enforcer Blacklists a Crypto Exchange for First Time
The U.S. Treasury Department added Russia-based crypto exchange Suex.io to its list of specially designated nationals (SDNs) for its alleged role in facilitating cryptocurrency transactions for ransomware attackers. Labeled a “specially designated national,” Suex.io is in a category with suspected terrorists.
