Browsing Tag
OFAC
14 posts
$200M Crypto Scam: OFAC Sanctions Funnull as Experts Find Ties to Huione Pay, Triad Nexus
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc., a technology…
US Treasury Sanctions 49 Crypto Addresses Tied to Nemesis Darknet Market
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Behrouz Parsarad…
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further…
Sanctioned Russian developer interacts with Garantex, Chainalysis finds
Treasury’s OFAC has sanctioned the Russian developer of LockBit, who transferred crypto to various illicit services, including sanctioned…
OFAC targets Hezbollah-linked crypto financier to disrupt Iran’s terror funding
OFAC has sanctioned entities aiding IRGC-QF, Houthis, and Hezbollah, targeting financial networks, including Lebanese money exchanger Tawfiq Muhammad…
New Tether security policy sees 41 crypto wallets frozen
Tether stated the new policy will prevent sanctioned individuals and organizations present in OFAC’s SDN list.
U.S. Treasury sanctions a money launderer tied to Russian elites
OFAC targets Ekaterina Zhdanova for laundering over $100m via crypto, evading sanctions for Russian oligarchs and aiding ransomware…
WalletConnect complies with OFAC sanctions, geo-blocks Russia and parts of Ukraine
The web3 protocol said its decision followed legal guidance from the U.S. Treasury while debunking unverified reports of…
U.S. DOJ indicts eight Chinese firms for using crypto in fentanyl trade
The DOJ unveiled eight indictments against Chinese firms for fentanyl distribution. They may have used crypto to hide…
Lazarus group turns to Garantex to launder stolen assets
The Lazarus Group, known for its cybercriminal activities, has shifted its focus to Garantex, an OFAC-sanctioned exchange, to…
