The UK’s National Crime Agency (NCA) has uncovered a money laundering network, funded by drug sales, that funneled cash through Keremet Bank in Kyrgyzstan, a bank sanctioned for facilitating payments for Russia’s PSB Bank to bypass sanctions and support its war in Ukraine. This investigation, dubbed Operation Destabilise, has also linked the network to a Russian spy ring imprisoned in Britain and has led to over 100 arrests and significant seizures of cash and cryptocurrency.
Edward Kiledjian
@ekiledjian