A network of people and virtual currency exchanges associated with harboring Russian cybercrime have been hit with sanctions in a government-wide crackdown on cybercrime.

U.S. President Joe Biden said "to counter Russian sanctions evasion and money laundering, the Department of Justice, the Department of the Treasury, and the U.S. Secret Service have taken action today to disrupt a global cryptocurrency network,

The U.S. government on Thursday charged two Russian nationals and sanctioned a virtual currency exchange in an effort to crack down on transnational cybercrime involving cryptocurrency. The departments of Justice,

In a major effort to combat international cybercrime, the United States has indicted two prominent Russian hackers and imposed sanctions on cryptocurrency exchanges allegedly involved in money laundering for cybercriminals.