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OFAC

NCA Disrupts Multi-Billion Dollar Russian Money Laundering Network, OFAC Sanctions Related Individuals and Entities

On December 4, 2024, the United Kingdom’s National Crime Agency (NCA) disrupted a multi-billion dollar money laundering network, which provided…

OFAC

OFAC Designates Russian Exchange Cryptex, FinCEN names PM2BTC

Note: This blog was updated on October 7 to reflect that only Ivanov, not the affiliated service Universal Anonymous Payment…

OFAC

OFAC Sanctions Russian Drone Developer KB Vostok Linked to Ukraine Invasion

On August 23, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced further sanctions…

OFAC

OFAC Sanctions Individuals Linked to the Nordic Resistance Movement, which Accepted Crypto Donations to Fund Terrorist Activities

On June 14, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Nordic…

OFAC

International Agencies Sanction Russian National Dmitry Yuryevich Khoroshev, Leader of Cybercrime Group LockBit, for Developing and Distributing Ransomware

On May 7, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…

OFAC

OFAC and Department of State Sanction Nearly 300 Individuals and Entities Involved in Russia’s War Machine, One Known to Have Accepted Crypto

On May 1, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department…

OFAC

OFAC and OFSI Sanction Social Media News Outlet Gaza Now for Hamas Fundraising in Wake of October 7 Attacks [Updated 4/1/24]

Update, 4/1/24: NBCTF issues seizure order for Gaza Now addresses, Tether freezes funds Today, Israel’s National Bureau for Counter Terror…

OFAC

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…

OFAC

U.S. Sanctions Crypto Mixer Sinbad.io for Role in North Korean Laundering Activities

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

OFAC

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…

OFAC

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…

OFAC

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…

OFAC

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…

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

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…

OFAC

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…