Elliptic flags Russia-linked crypto platforms’ ongoing sanctions evasion

Market Intelligence Analysis

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Why This Matters

Elliptic, a blockchain analytics firm, has identified several Russia-linked cryptocurrency platforms that are allegedly evading sanctions by Western countries.

Market Impact

Market impact analysis based on bearish sentiment with 85% confidence.

Sentiment
Bearish
AI Confidence
85%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Bitpapa, Garantex and ABCeX were among the cryptocurrency exchanges linked to Russian-tied transactions circumventing Western evasions.

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Full article on CoinDesk
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Original article published by CoinDesk on February 23, 2026.
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