UK Targets Cryptomus, Heleket, TokenSpot in New Russian Sanctions

What happened

These designations bring renewed attention to services Chainalysis has already been tracking. As the chart above illustrates, both services have received funds linked to some of the most significant actor categories across today’s illicit ecosystem.

Summary The UK’s latest sanctions target the broader infrastructure supporting Russia’s wartime economy. The UK designated crypto payment processors Cryptomus… The post UK Targets Cryptomus, Heleket, TokenSpot in New Russian Sanctions appeared first on Chainalysis .

On October 8, the United Kingdom’s (UK) Foreign, Commonwealth & Development Office (FCDO) designated 38 entities for their roles in financing Russia’s wartime economy, supporting its military-industrial base, and facilitating sanctions evasion. Among those designated are crypto payment processors Cryptomus and Heleket , which both operate under a parent company Xeltox Enterprises LTD, and Kyrgyzstani exchange TokenSpot CJSC ( Tokenspot ). TokenSpot, meanwhile, is part of a Kyrgyzstan-based sanctions evasion network with ties to the A7A5 token and its administrators, which Chainalysis has tracked since the Kyrgyzstani exchanges Grinex and Meer.kg were sanctioned in August 2025.