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UK Investigates Crypto Tied to Russia's War Funding

11/22/2025

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Summary

Story summary

British investigators report a cryptocurrency linked to political donor Christopher Harborne has aided Russia in its war against Ukraine.
National Crime Agency (NCA) is investigating a scheme converting drug and gun profits into crypto to launder money for Russian networks.
Tether, the stablecoin company partly owned by Harborne, has profited, with $24 million seized in crypto tied to illicit activity.
The NCA has frozen over $3.4 billion in USDT.

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Story summary

British investigators report a cryptocurrency linked to political donor Christopher Harborne has aided Russia in its war against Ukraine.
National Crime Agency (NCA) is investigating a scheme converting drug and gun profits into crypto to launder money for Russian networks.
Tether, the stablecoin company partly owned by Harborne, has profited, with $24 million seized in crypto tied to illicit activity.
The NCA has frozen over $3.4 billion in USDT.