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A suspect's use of wires, stablecoins and deception to move hundreds of millions of dollars for clients of U.S.-blacklisted banks highlights the new convergence between sanctions , export controls and anti-money laundering obligations, analysts told ACAMS moneylaundering.com. Federal prosecutors in Brooklyn alleged in an indictment Monday that in attestations to banks and regulators, 38-year-old Russian national Iurii Gugnin falsely described Evita Investments, a company formed in Delaware in 2021, as a "cross-border business-to-business lender," and Evita Pay, which he formed in Florida in 2023, as a money transmitter and foreign-exchange dealer. In reality, he allegedly used the two entities to...