Browsing Tag
OFAC
17 posts
New Jersey Man Gets 12 Years After Using Bitcoin to Pay Chinese Fentanyl Suppliers
A Passaic County man has been sentenced to 12 years in federal prison for his role in a…
US sanctions say Iran’s oil for crypto web pushed $100M through 2023 to 2025
The US Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned two Iranian nationals accused of orchestrating…
Here’s how North Korean hackers are still getting paid in crypto despite sanctions
TRM Labs says North Korean IT workers have laundered millions in USDC and USDT while secretly working for…
$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…
