Alexander Browder, 17, founder of the Global Cryptocurrency Laundering Database, was named alongside four other British nationals by Russia's Foreign Ministry. The others sanctioned alongside Browder are Washington Post reporter Catherine Belton, Committed to Good Managing Director Alice Mary Laugher, Chelsea Group founder and Chairman Richard Nicholas Westbury, and The i Paper journalist Richard Holmes.
All of the sanctioned individuals are now “banned from entering the Russian Federation,” per a statement.
The sanctions appear to be direct retaliation for Browder's March 2026 report, "Confronting the Illicit-Finance Hydra in Crypto Markets: Protecting Retail Investors and Disrupting Hostile Government Exploitation," published through the Henry Jackson Society think tank. The report alleged that states including Russia, Iran, and North Korea have laundered $350 billion in illicit cryptocurrency, according to the same sources.
Central to Browder's research was the A7A5 stablecoin—a ruble-backed digital currency launched in January 2025 by UK-sanctioned Moldovan citizen Ilan Shor in partnership with sanctioned Russian bank Promsvyazbank.
BREAKING. The Russian government has just announced that I have been added to their sanctions list for my work exposing their sanctions evading cryptocurrency A7A5. In doing so, I have exposed their Achilles’ heel. Without A7A5 they would not be able to fund their war of…
The teenager suggested his research had struck at Russia's core vulnerabilities. "I have exposed their Achilles' heel. Without A7A5 they would not be able to fund their war of aggression," he said.
Alexander's father is Sir Bill Browder, a prominent Kremlin critic who was previously sanctioned by Moscow after being banned from Russia in 2005 for exposing corruption and spearheading the U.S. Magnitsky Act that targeted Russian officials. The family connection adds another layer to Moscow's targeting of the teenager.
