#ofac-sanctions

[ follow ]
World news
fromWIRED
1 week ago

Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire

Law enforcement seized nearly 130,000 bitcoin (about $15 billion) and sanctioned 146 targets linked to Prince Group-run romance and investment scam networks exploiting trafficking victims.
fromRadioFreeEurope/RadioLiberty
1 week ago

Serbia Braces For Fallout After US Sanctions On Oil Firm NIS Take Force

"The company has not been extended a special license by the United States Department of Finance, which enables smooth operational business," NIS said in a statement."Since the listing of the company on the SDN (Specially Designated Nationals) list in January, NIS has been carefully monitoring the situation and trying to adapt its operations to the new circumstances...NIS has secured sufficient stocks of oil for processing at this time, while gas stations are properly supplied with all types of oil derivatives.
Miscellaneous
World news
fromenglish.elpais.com
2 weeks ago

Mexico awarded 190 public contracts to a network linked to Los Chapitos even after US sanctions

Members of the Favela Lopez family operated Sumilab and related companies supplying chemical precursors to the Sinaloa Cartel while receiving millions in Mexican public contracts.
fromenglish.elpais.com
2 weeks ago

US Treasury cracks down Sinaloa Cartel's fentanyl trafficking network

The main target of the action is the laboratory supply company Sumilab, based in Culiacan, the capital of the Mexican state of Sinaloa. The Treasury Department, which previously sanctioned the company in 2023, maintains that this business participates in the Sinaloa Cartel's fentanyl production chain. The U.S. identified the Favela Lopez family as being behind the Sumilab operation, specifically four siblings (Victor Andres, Francisco, Jorge Luis, and Gabriela) and some of their partners (Jairo Verdugo and Gilberto Gallardo).
US politics
Information security
fromThe Hacker News
1 month ago

U.S. Treasury Sanctions DPRK IT-Worker Scheme, Exposing $600K Crypto Transfers and $1M+ Profits

OFAC sanctioned two individuals and two entities for enabling North Korean IT worker schemes that steal data and generate revenue for WMD and ballistic missile programs.
[ Load more ]