OFAC
US Freezes $344M in Crypto Linked to Iran's IRGC, Hizballah
US Treasury freezes $344M in Iran-linked crypto wallets tied to the IRGC and Hizballah, part of broader sanctions targeting Tehran's financial networks.
US Sanctions Cambodian Senator Over $10B Scam Network
US OFAC sanctions Cambodian Senator Kok An for running scam centers tied to $10 billion in losses, targeting crypto users through 'pig butchering' schemes.
U.S., U.K., and Australia Impose Sanctions on Russian Cybercrime Networks
In a coordinated effort, the U.S., U.K., and Australia have sanctioned Russian bulletproof hosting providers involved in ransomware and cybercrime activities.
U.S. Initiates Strike Force to Tackle $10 Billion Crypto Scam Threat
The U.S. establishes a Scam Center Strike Force to combat Southeast Asian crypto scams, with over $401 million seized in efforts to protect Americans.
OFAC Cracks Down on Iranian Crypto Network Laundering $100M
The U.S. Treasury's OFAC has sanctioned Iranian financial facilitators for laundering $100 million in oil proceeds through cryptocurrencies, impacting Iran's military funding.
OFAC Targets Chinese Firm and Bitcoin Address in Opioid Trafficking Crackdown
The U.S. Treasury's OFAC sanctions Guangzhou Tengyue Chemical Co. and a Bitcoin address linked to opioid trafficking as part of a joint effort with the DEA and FBI.
U.S. Treasury Targets Russian Crypto Economy with Sanctions on A7A5 and Exchanges
The U.S. Treasury's OFAC has imposed sanctions on Russian crypto economy players, including Garantex, Grinex, and the A7A5 token, aiming to curb sanction evasion efforts.
OFAC Targets Aeza Group for Enabling Cybercrime with Bulletproof Hosting
The U.S. Treasury's OFAC has sanctioned Aeza Group for providing hosting services that facilitate ransomware and cybercrime, marking a significant move against global cybercrime infrastructure.
U.S. Sanctions Iran-Based Administrator for Darknet Marketplace Fentanyl Sales
The U.S. Treasury's OFAC has sanctioned an Iran-based darknet marketplace administrator for facilitating global fentanyl sales, highlighting the extensive use of cryptocurrencies in illegal drug trades.
OFAC Sanctions Russian Exchange Cryptex and Facilitator UAPS, FinCEN Targets PM2BTC
The U.S. Treasury's OFAC designates Russian exchange Cryptex and facilitator UAPS, while FinCEN names PM2BTC a primary money laundering concern.
OFAC Sanctions Russian UAV Developer KB Vostok Amid Ukraine Conflict
OFAC imposes sanctions on Russian drone developer KB Vostok, linked to Ukraine invasion, disrupting Russia’s military supply chain.
OFAC Designates Nordic Resistance Movement as SDGT
OFAC sanctions Nordic Resistance Movement for violent extremism and crypto-funded terrorism.
Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Charges
Tornado Cash's co-founder, Roman Storm, has filed a dismissal motion for charges related to money laundering and violating the IEEPA.
CoinList Settles with OFAC for $1.2 Million Over Crimea Sanctions Violations
CoinList settles with OFAC for $1.2 million over transactions for users in Crimea, promising to invest $300,000 in compliance enhancements.
Tether Implements Wallet-Freezing Policy Aligned with US Regulations
Tether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.