Cryptocurrency backed by Farage donor is used for Russian war effort, investigators say


Tether tokens found to facilitate scheme that enables sanctions evasion and launders money for the Kremlin

A cryptocurrency backed by one of Nigel Farage’s biggest donors has been used to help Russia fight its war against Ukraine, British investigators say.

The National Crime Agency has spent four years trying to crack a multibillion-dollar scheme that exchanges cash from drug and gun sales in the UK for crypto, digital tokens that are designed to hide their users’ identities.

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