#russia
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FTX drops plan to restrict repayments in 49 jurisdictions
FTX Recovery Trust on Nov 3, 2025 withdrew a motion in the U.S. Bankruptcy Court for the District of Delaware that sought to restrict customer repayments in China, Russia, Ukraine, and 46 other jurisdictions. The withdrawal was without prejudice, allowing a potential refiling under court rules. EU ramps up sanctions with first crypto ban aimed at Russians
-a8cbDqln.png "EU ramps up sanctions with first crypto ban aimed at Russians")
The European Union’s 19th sanctions package against Russia introduces, for the first time, a blanket prohibition on cryptocurrency transactions for Russian residents and direct targeting of crypto platforms as part of efforts to curb Moscow’s war-finance channels. The EU approved its latest sanction pack on October 22. 
LockBit Hack: Everything You Need to Know
LockBit is one of the most deployed ransomware globally. This hacking group has compromised thousands of entities, spanning financial institutions, logistics companies, and healthcare organizations. These victims are now backed by an international law enforcement task force called Operation Cronos. Whitepay: 500,000 USDT Raised for Ukraine!
Amidst Russia's full-scale invasion, Ukraine's perseverance surprised many. The Ukrainian Armed Forces have stood strong, backed by the nation's unity and worldwide donations. Support from individuals worldwide, including crypto donations through Whitepay, has significantly bolstered Ukraine's defense efforts. 
A recent investigation into ThorSwap, a platform enabling asset transfers across blockchains, raises concerns about its misuse by hackers from North Korea and russia. In the last four months, more than 50% of ETH converted to BTC through ThorSwap has been linked to either previous thefts via exploits or money laundering activities. The study's author highlights that criminal entities often exploit decentralized technologies. However, many developers seem to overlook this issue. 
AI Drones: The Forefront of Modern Warfare
Russia's economy is steadily moving towards a military emphasis: by 2024, Putin intends to dedicate 6% of the GDP to defense industry needs. Despite Western sanctions, the exportation of energy resources—such as crude oil, oil processing products, and natural gas—remains the major financial backbone for Russia's budget. WEF 2024: AI Takes Center Stage in Global Discussions
Artificial intelligence could revolutionize the world we live in. However, its unregulated widespread adoption poses an existential threat to humanity. This concern brings AI to the forefront of discussions at the World Economic Forum in Davos this January, alongside critical issues like climate change and Russia's war in Ukraine. 
Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform. 
Atomic Wallet has landed in legal hot waters. This development comes after a hacking event that wiped out more than $100 million.
The claimants assert that the developers neither informed the users about the security vulnerability nor contacted law enforcement after the breach.
Many prosperous investors, some having affiliations with Russia, are included in the court case. 