Geopolitics Alpha

U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers

Published . Updated .

GEOPOLITICS ALPHAU.S. sanctions Russian nationalsfor laundering millions in cryptofor North Korean IT workersGEOPOLITICS ALPHA

This report is about crypto and oil.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust+6.5% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.

  • USO United States Oil Fund+7.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “russian” (oil) in this story.

  • UNG United States Natural Gas Fund-7.8% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “russian” (natural gas) in this story.

  • EWY iShares MSCI South Korea ETF-9.1% 30d

    iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”).

  • COIN Coinbase Global-6.6% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • XOM ExxonMobil Holdings+10.3% 14d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story.

  • CVX Chevron+8.4% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story.

  • MSTR Strategy+6.0% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT-0.20%-2.02%baseafter closeafter closeafter closeafter close
USO-2.52%-0.26%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
EWYNo price data for this ticker———————
COIN+4.15%-1.75%baseafter closeafter closeafter closeafter close
XOM-2.14%+1.35%baseafter closeafter closeafter closeafter close
CVXNo price data for this ticker———————
MSTRNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers CoinDesk

Source: CoinDesk

This story

CompanyWhenMoveStatus
COINthree days earlier-1.75%final price
COINfive days earlier+4.15%final price
IBITthree days earlier-2.02%final price
IBITfive days earlier-0.20%final price
USOthree days earlier-0.26%final price
USOfive days earlier-2.52%final price
XOMthree days earlier+1.35%final price
XOMfive days earlier-2.14%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers” scores 12 out of 100. The score uses 1 sources.