Animoca Brands Halts Service to Russian Customers

Blockchain gaming company Animoca Brands has become the latest entity to cut off ties with Russia following the ongoing crisis in Ukraine. Animoca Brands Subsidiaries Cuts Off Russian Users Animoca subsidiaries Gamee and Lympo will stop serving its Russian customers. However, the number of Russian users isn’t large enough to impact the company’s financial results, per the company. In fact, Gamee already announced that it was closing its services to Russia last week. ⚠️ Today, GAMEE is closing services in #Russia, as a gesture of disagreement with Russia’s actions against #Ukraine ♥️🇺🇦 #RussiaUkraineConflict #StandWithUkraine pic.twitter.com/0z4mEx2iR3 — GMEE Token (@GAMEEToken) February 24, 2022 Similarly, Lympo too said it would stop publishing Russian athlete NFTs and halt negotiations with the nation’s athletes to join the Lympo NFT Ecosystem. We choose to support #Ukraine 🇺🇦 and everyone who opposes the war efforts of the Russian government. Athletes have the power to inspire others, show bravery, courage and overcome even the most difficult of challenges. Sports should transcend all wars.https://t.co/2lJZZJ50Ut. — Lympo.io – Crypto Community (@Lympo_io) February 26, 2022 “The legal advice we’ve been receiving is we now have to impose some restrictions. It’s a sanctioned country on par with North Korea. The moment we end up doing business in those areas, we might ourselves become financially excluded from the financial...