The US Treasury Department sanctioned 134 cryptocurrency wallets linked to ISIS-K, with 131 on the Tron blockchain. Chainalysis reported these wallets received over $1.4 million since 2023, and Tether has frozen associated funds.
The US Treasury's OFAC has sanctioned 134 cryptocurrency wallet addresses linked to ISIS-K, freezing 131 on the Tron network and 3 on Monero. These wallets received over $1.4 million in donations since 2023.
The U.S. Treasury has imposed sanctions on two individuals and nine companies linked to Mexico's CJNG cartel for their involvement in fuel smuggling and tax evasion schemes generating millions for the organization. A financial alert was also issued to banks.
The US Treasury has sanctioned four Iranian crypto exchanges, including Nobitex, as part of its "Economic Fury" campaign to cut Iran off from the financial system. The move aims to prevent the regime from developing nuclear weapons and evading sanctions.
The U.S. Treasury Department sanctioned Nobitex, Iran's largest crypto exchange, and three other platforms for allegedly facilitating terrorist financing and sanctions evasion. The Treasury claims these exchanges processed hundreds of millions of dollars in stablecoins to support the Iranian rial and fund illicit activities linked to the IRGC.
The US Treasury's OFAC sanctioned six Ethereum addresses tied to a Sinaloa Cartel money laundering network. The network allegedly converted drug proceeds into cryptocurrency, highlighting sanctions compliance risks for crypto firms.
The US Treasury designated Cambodian Senator Kok An and 28 associates as 'specially designated nationals' for allegedly controlling scam compounds that have defrauded millions from Americans. The sanctions freeze US assets and bar Americans from dealing with the designated parties. Kok An has close ties to former leader Hun Sen, whose son now serves as prime minister, raising questions about the proximity between alleged scam operations and Cambodia's political dynasty.
Kok An, a Cambodian senator, is accused of running a massive crypto crime operation through his many resorts and casinos.
