OFAC and OFSI Sanction Social Media News Outlet Gaza Now for Hamas Fundraising in Wake of October 7 Attacks
March 27, 2024
On March 27, 2024, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign 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
March 20, 2024
On March 20, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian nationals…
2024 Crypto Crime Trends: Illicit Activity Down as Scamming and Stolen Funds Fall, But Ransomware and Darknet Markets See Growth
January 18, 2024
2023 was a year of recovery for cryptocurrency, as the industry rebounded from the scandals, blowups, and price declines of…
OFAC Sanctions Russian National Ekaterina Zhdanova for Using Cryptocurrency to Launder Money on Behalf of Russian Elites and Ransomware Groups
November 3, 2023
On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…
OFAC Sanctions Gaza-based MSB Buy Cash with Crypto Ties to Hamas Following Terror Attack Against Israel
October 18, 2023
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it has imposed sanctions on ten…
OFAC Sanctions Network Involved in China-based Manufacturing of Fentanyl and Other Drugs, Highlights Related Cryptocurrency Addresses
October 4, 2023
On October 3, 2023, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) brought sanctions against several individuals and companies…
OFAC Sanctions Mexican and Colombian Nationals Involved in Sinaloa Cartel Fentanyl Trafficking and Money Laundering Via Cryptocurrency
September 26, 2023
On September 26, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 10 individuals…
The U.S. and U.K. Sanction 11 Members of Russia-based Ransomware Group Trickbot
September 7, 2023
Continuing the crackdown on Russia-based ransomware group Trickbot, the U.K. HM Treasury Office of Financial Sanctions Implementation (OFSI) and the…
OFAC Sanctions Tornado Cash Founder Roman Semenov, DOJ Files Charges Against Him and Co-founder Roman Storm in Coordinated Action
August 23, 2023
On August 23, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Roman Semenov, co-founder of…
OFAC and Crypto Crime: Every OFAC Specially Designated National with Identified Cryptocurrency Addresses
August 10, 2023
As far back as the early 1800s, the U.S. Department of the Treasury has issued economic sanctions to achieve foreign…
OFAC Sanctions Several ISIS and Al-Qaeda Operatives in Maldives, Highlights Crypto Address Controlled by SDN Ali Shafiu
July 31, 2023
On July 31, 2023, the U.S. Treasury’s Office of Foreign Asset Control (OFAC) sanctioned several individuals and entities associated with…
[UPDATED 12/1/23] South Korea Sanctions North Korea Hacking Group Kimsuky, Identifies Related Crypto Addresses. U.S. and Japan Follow Suit.
June 2, 2023
Update, 11/30/23: U.S. and Japan join South Korea in sanctioning Kimsuky On November 30, 2023, the United States’ Office of…
OFAC and South Korea’s Ministry of Foreign Affairs Sanction Entities Associated with North Korean Hacking and IT Worker Crypto Payment Schemes
May 23, 2023
On May 23, 2023, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) and South Korea’s Ministry of Foreign Affairs…
OFAC Sanctions Dubai-based Financial Services Firm and CEO for Role in Russian Sanctions Evasion, Includes Crypto Address as SDN Identifier
May 19, 2023
On May 19, 2023, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 22 individuals and 104 entities operating…
United States Sanctions and Charges Russia-based Ransomware Developer Mikhail Matveev
May 16, 2023
On May 16, 2023, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned Mikhail Matveev, a Russian national…