OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities

OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities


The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that are allegedly associated with the Iranian ransomware gang.

Iran Adds 7 New Bitcoin Addresses to the SDN List Following the Tornado Cash Ban

Following the Treasury’s Office watchdog OFAC banning the ethereum mixer Tornado Cash, OFAC published a new SDN List update on September 14, 2022. The SDN List update lists two specific companies and ten people that are accused of participating in and financing Iran-based ransomware schemes.

Trending: Banks Already Restricting Cash Withdrawals In USA?

In the past, OFAC has accused North Korean syndicates like the infamous Lazarus Group of participating

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