Key Highlights: The U.S. Office of Foreign Assets Control (OFAC) has expanded the digital currency addresses on its Specially Designated Nationals (SDN) List from just two Bitcoin wallets in 2018 to roughly 1,075 across 109 entries as of October 28, 2026. A recent enforcement action targeted a Russia-associated network of North Korean IT workers, incorporating ...
Key Highlights: United States authorities have added 45 new targets to their sanctions list, bringing the total number of designated entities linked to the network to 226 across three enforcement rounds. Prince Group chairman Chen Zhi faces federal charges in Brooklyn for wire fraud and money laundering conspiracy, while the U.S. Justice Department seeks civil ...
Key Highlights Blockchain intelligence tracked bi-weekly stablecoin salaries paid to a North Korean IT worker, which were laundered through sanctioned entities, an operative named Boykov, and the Russian exchange Garantex. U.S. sanctions targeted intermediaries including Roman Obertas, who converted nearly $2 million in cryptocurrency to fiat for North Korean officials, alongside managers Kim Ki Hyok, ...
Key Highlights The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has designated Iranian crypto exchange BitBank, freezing its U.S.-based assets and imposing secondary sanctions that threaten foreign firms processing its transactions. Iran’s Economy Ministry developed HormuzSafe, a platform offering insurance, traffic control, and emergency response to vessels in the Strait of Hormuz for payment, ...