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Sanctions

Sanctions

OFAC and OFSI Sanction Social Media News Outlet Gaza Now for Hamas Fundraising in Wake of October 7 Attacks

On March 27, 2024, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions…

Sanctions

OFAC Sanctions Russian Nationals Ilya Andreevich Gambashidze and Nikolai Aleksandrovich Tupikin for Facilitating Disinformation on Behalf of the Government of Russia, Funds Frozen by Tether

On March 20, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian nationals…

Sanctions

2024 Crypto Crime Trends: Illicit Activity Down as Scamming and Stolen Funds Fall, But Ransomware and Darknet Markets See Growth

2023 was a year of recovery for cryptocurrency, as the industry rebounded from the scandals, blowups, and price declines of…

Sanctions

OFAC Sanctions Russian National Ekaterina Zhdanova for Using Cryptocurrency to Launder Money on Behalf of Russian Elites and Ransomware Groups

On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…

Sanctions

OFAC Sanctions Gaza-based MSB Buy Cash with Crypto Ties to Hamas Following Terror Attack Against Israel

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it has imposed sanctions on ten…

Sanctions

OFAC Sanctions Network Involved in China-based Manufacturing of Fentanyl and Other Drugs, Highlights Related Cryptocurrency Addresses

On October 3, 2023, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) brought sanctions against several individuals and companies…

Sanctions

OFAC Sanctions Mexican and Colombian Nationals Involved in Sinaloa Cartel Fentanyl Trafficking and Money Laundering Via Cryptocurrency

On September 26, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 10 individuals…

Sanctions

The U.S. and U.K. Sanction 11 Members of Russia-based Ransomware Group Trickbot

Continuing the crackdown on Russia-based ransomware group Trickbot, the U.K. HM Treasury Office of Financial Sanctions Implementation (OFSI) and the…

Sanctions

OFAC Sanctions Tornado Cash Founder Roman Semenov, DOJ Files Charges Against Him and Co-founder Roman Storm in Coordinated Action

On August 23, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Roman Semenov, co-founder of…

Gold bitcoin in front of a gavel and U.S. flag
Sanctions

OFAC and Crypto Crime: Every OFAC Specially Designated National with Identified Cryptocurrency Addresses

As far back as the early 1800s, the U.S. Department of the Treasury has issued economic sanctions to achieve foreign…

Sanctions

OFAC Sanctions Several ISIS and Al-Qaeda Operatives in Maldives, Highlights Crypto Address Controlled by SDN Ali Shafiu

On July 31, 2023, the U.S. Treasury’s Office of Foreign Asset Control (OFAC) sanctioned several individuals and entities associated with…

Sanctions

[UPDATED 12/1/23] South Korea Sanctions North Korea Hacking Group Kimsuky, Identifies Related Crypto Addresses. U.S. and Japan Follow Suit.

Update, 11/30/23: U.S. and Japan join South Korea in sanctioning Kimsuky On November 30, 2023, the United States’ Office of…

Sanctions

OFAC and South Korea’s Ministry of Foreign Affairs Sanction Entities Associated with North Korean Hacking and IT Worker Crypto Payment Schemes

On May 23, 2023, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) and South Korea’s Ministry of Foreign Affairs…

Sanctions

OFAC Sanctions Dubai-based Financial Services Firm and CEO for Role in Russian Sanctions Evasion, Includes Crypto Address as SDN Identifier

On May 19, 2023, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 22 individuals and 104 entities operating…

Sanctions

United States Sanctions and Charges Russia-based Ransomware Developer Mikhail Matveev

On May 16, 2023, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned Mikhail Matveev, a Russian national…