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Elliptic

One of Russian oligarch Alisher Usmanov’s prestigious villas on the Costa Smeralda in Sardinia, also affected by the EU’s economic sanctions aimed at countering the conflict in Ukraine on March 20, 2022 in Porto Cervo, Italy. Italian authorities have seized several villas and yachts owned by wealthy Russians targeted by EU sanctions in the wake of Russia’s invasion of Ukraine. (Photo by Contributor#8526142/Getty Images)

A practical reason why crypto might not work for large-scale sanctions evasion

According to crypto-tracking company Chainalysis, the markets probably couldn't handle it without prices tanking.
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