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Warning for Russian Users on Sui Network: Possible Asset Freezes and Service Blocks
In short, I initially considered writing a lengthy background, but decided to delete it. The core message is: if you store assets on the Sui network, exercise caution. According to Mysten Labs' policies, they have the right to freeze your funds if you are a citizen of Russia or are in Russia. There isn't a direct ban since Russia isn't fully under US embargo, but some services may block transactions. I personally faced issues using Slush Wallet.
As a side note, Sui has successfully blocked stolen assets from Cetus, and it wouldn't be difficult for them to block specific addresses. However, I will not stop using Sui—I just wanted to warn others.
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AI Analysis
The message underscores the geopolitical and legal risks tied to using the Sui blockchain platform, especially for users in Russia. Mysten Labs, the developers behind Sui, reserve the right to freeze ...
AI Recommendation
Users in Russia or those concerned about asset freezing should exercise caution when storing funds on the Sui network. It is advisable to keep assets in more neutral or less risk-prone platforms if se...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.