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Fintech giant Wise allowed Russia sanctions target to withdraw money, U.K. government says

Fintech giant Wise allowed Russia sanctions target to withdraw money, U.K. government says

British financial technology giant Wise allowed an individual on the Russian sanctions list to withdraw money, a U.K. government body said Thursday.  

The user was allowed to make a withdrawal of £250 ($316.63) from a business account on Wise, according to the Office of Financial Sanctions Implementation.

The British government imposed new measures and designations in response to the Russian invasion of Ukraine in February 2022, targeting a…


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