<ul><li>The U.S. government sanctioned the virtual currency exchanges Cryptex and PM2BTC for facilitating cybercrime and money laundering.</li><li>Russian national Sergey Ivanov has been charged with conspiracy to commit bank fraud and money laundering for operating multiple money laundering services catering to cybercriminals.</li><li>Blockchain analysis revealed that Ivanov's services handled around $1.15 billion in transactions, with 32% of the traced bitcoin linked to criminal activity.</li><li>The U.S. Secret Service seized the domains associated with the UAPS and PM2BTC websites, and the U.S. Department of State announced a reward of up to $10 million for information on Sergey Ivanov.</li></ul>

U.S. sanctioned virtual currency exchanges Cryptex and PM2BTC for facilitating illegal activities

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