The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions against a network of financial facilitators and procurement operatives that provide supplies to the Houthis, an Iran-backed terrorist organization that has launched attacks against dozens of ships in the Red Sea and Gulf of Aden.
In a statement, the OFAC says that it has taken action against a Houthi network working with Sa’id al-Jamal, a financial facilitator with ties to Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).
Al-Jamal’s network has procured millions worth of weapons and other commodities from Russia, including stolen Ukrainian grain, and shipped the goods to the Houthis in Yemen.
Trending: Why Do 10 Nurses at the Same Hospital Have Brain Tumors?
The new sanction includes eight crypto wallets that the OFAC says the Houthis used to transfer funds
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!