# 2/24/2022 BITSNEWS

By [BITSNEWS.ETH](https://paragraph.com/@bitsnews) · 2022-02-24

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**Cryptocurrency Is a Potential New Tool for Billionaires to Avoid Sanctions**

Individuals and other entities targeted in the wake of Russia’s invasion of Ukraine may circumvent penalties if they choose to use crypto.

[https://www.bloomberg.com/news/articles/2022-02-24/russia-billionaires-could-use-crypto-to-go-around-severe-us-sanctions?srnd=premium-asia](https://www.bloomberg.com/news/articles/2022-02-24/russia-billionaires-could-use-crypto-to-go-around-severe-us-sanctions?srnd=premium-asia)

**$AVAX | Even the largest Avalanche is triggered by small things..!**

[https://medium.com/@daolecticresearch/avax-even-the-largest-avalanche-is-triggered-by-small-things-3ea5a94b7525](https://medium.com/@daolecticresearch/avax-even-the-largest-avalanche-is-triggered-by-small-things-3ea5a94b7525)

**Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC, States**

[https://www.bloomberg.com/news/articles/2022-02-12/blockfi-to-pay-100-million-to-sec-states-over-crypto-lending?srnd=cryptocurrencies-v2](https://www.bloomberg.com/news/articles/2022-02-12/blockfi-to-pay-100-million-to-sec-states-over-crypto-lending?srnd=cryptocurrencies-v2)

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*Originally published on [BITSNEWS.ETH](https://paragraph.com/@bitsnews/2-24-2022-bitsnews)*