$200M Crypto Scam: OFAC Sanctions Funnull as Experts Find Ties to Huione Pay, Triad Nexus
Funnull's wallets show transactional links to Huione Pay, flagged by FinCEN as a major global money laundering concern......
Category : Sanctions
US Treasury Sanctions 49 Crypto Addresses Tied to Nemesis Darknet Market
Nemesis’ $30M drug trade included fentanyl, fake IDs, and hacking services, with Russian-language platforms dominating 97% of darknet sales......
U.S. Treasury Sanctions Two Individuals Linked to North Korean Crypto Laundering
TLDR U.S. Treasury sanctioned two individuals, Lu Huaying and Zhang Jian, for allegedly laundering cryptocurrency for North Korea through a UAE front company The sanctions...
Crypto vs. Sanctions: Russia Explores Digital Currency Solutions for International Settlements
TLDR: Russia is set to trial cross-border crypto payments starting September 1, 2024 The move aims to circumvent international sanctions imposed after the Ukraine invasion...
OFAC Slaps Sanctions on 13 Entities and 2 Individuals Linked to Russia
The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services...
US Treasury Sanctions 3rd Crypto Mixer Used by the Lazarus Group
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has placed sanctions on cryptocurrency mixing service Sinbad, alleging that...
US Treasury Sanctions Individuals Connected to Lazarus Group
The United States Department of Treasury sanctioned three individuals who helped the notorious hackers Lazarus Group to process the conversion of stolen cryptocurrency to fiat,...
US Sanctions IRGC-Affiliated Hackers on Ransomware Charges
In a new move carried out by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), multiple sanctions were handed out due...
US Treasury Sanctions Crypto Addresses Tied With Neo-Nazi Russian Group
The United States Treasury Department added five cryptocurrency addresses to its sanctions blacklist. All wallets are connected to the Russian neo-Nazi paramilitary group – Task...
