UK Sanctions Cryptomus for Money Laundering Tied to Russia
The United Kingdom imposed sanctions on cryptocurrency platform Cryptomus (formerly Certa Payments and Xeltox Enterprises) for processing payments benefiting the Russian government. VexPay, TokenSpot and Tsunami Payments were also targeted. Cryptomus assets at UK banks are frozen and British firms are barred from doing business with it.
- Sanctions froze Cryptomus assets at UK banks
- VexPay, TokenSpot and Tsunami Payments also targeted
- Cryptomus processed over $7 billion since 2022
- Illicit counterparties exceeded 900 in a single month in 2025
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