Statement Received by Dapper Labs Sanctioning Russian Accounts: We are subject to EU regulations

NFT company Dapper Labs announced that it has suspended Russian accounts under the sanctions package accepted by the European Union (EU).

Dapper Labs In a press release, accounts linked to Russia are now NFT. that they cannot buy or sell, give gifts or withdraw money from their accounts. or that they cannot top up their accounts.

company, a payment and custody institution Therefore, it is subject to the sanctions set in the eighth sanctions package. have to comply declared that.

Dapper Labs accounts on the other hand didn’t close or not seized also expressed. Assets and balances in the accounts will continue to belong to their owners.

The company received a lot of backlash on social media over this move. Many users use Dapper Labs knowingly and willingly in the libertarian cryptocurrency world. supporting censorship accused. A Twitter user who claims to be a company employee is subject to European Union laws, so they do not like the sanctions. have no other options stated but However, this explanation did not moderate the reactions.


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