Sanctions
OFAC Highlights Hundreds of Millions of Dollars in Cryptocurrency Transactions Related to IRGC-connected Houthi Financier Sa’id al-Jamal
Yesterday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned twelve individuals and entities across various…
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…
Building Bridges to Tackle Pig Butchering: Podcast Ep. 133
Episode 133 of the Public Key podcast is here! Erin West has been on this podcast 3 times and all…
Unraveling Russia’s Crypto Sanctions Evasion and Disinformation Campaigns: Podcast Ep. 130
Episode 130 of the Public Key podcast is here! Russia has become an international force using cryptocurrency for sanctions evasion,…
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…
In Large Operation, German Law Enforcement Seizes Servers of 47 Russia-centric No KYC Exchanges
On September 19, 2024, the German Federal Criminal Police (BKA) seized the infrastructure of 47 Russian-language no-KYC (Know Your Customer)…
Russia’s Cryptocurrency Pivot: Legislated Sanctions Evasion
In response to mounting financial pressures of Western sanctions, Russia enacted significant legislation legalizing cryptocurrency mining and permitting the use…
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 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…
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 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 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 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…
2024 Crypto Crime Trends: Illicit Activity Down as Scamming and Stolen Funds Fall, But Ransomware and Darknet Markets See Growth
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
On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…