TokenPost topic
OFAC
22 TokenPost stories are tagged OFAC. The newest appear first.
Latest OFAC stories
- US Treasury sanctions two Guatemalan drug groups supporting Mexican cartels
The US Treasury sanctioned Los Mendoza and Los Huistas for supporting Mexican cartels, blocking their US-linked assets and warning of restrictions on foreign financial institutions.
· Regulation
- U.S. Treasury Sanctions Eight Canadian Money Services Businesses
The list includes Nia Nations Currency and Million Exchange. OFAC also listed multiple associated TRON addresses.
· Regulation
- U.S. Sanctions 8 Canadian Firms; FinCEN Orders Limits on Some MEXC Transfers
FinCEN’s order cites $16.7 billion in funds tied to Russian illicit finance and other activity, including $1.87 billion in transactions with Iran exposure.
· Regulation
- FinCEN Order Restricts MEXC Global's U.S. Financial Access
The order is part of Operation Economic Outcast, a U.S. enforcement push targeting businesses that enable the Iranian regime.
· Regulation
- SlowMist Identifies On-Chain Links Among North Korea-Related Addresses
The listings share an Ethereum address, while wallets linked to Boykov also sent USDT to an Obertas-linked address and funds to a Bybit deposit address.
· Regulation
- OFAC Sanctions 10 People and One Entity Tied to North Korean IT Network
Transfers involving shared Ethereum addresses, TRON wallets and a Bybit deposit address included about $9.88 million sent by Boykov.
· Regulation
- U.S. Sanctions 10 People and Russia-Based Entity Over North Korean IT Scheme
Six North Korean IT workers operating in Russia generated more than $750,000 for the North Korean-controlled center, OFAC said.
· Regulation
- Russia Plans First Diesel Tanker Shipment to U.S. on Oct. 22
The vessel has a displacement of 40,000 metric tons, Deputy Prime Minister Alexander Novak said; supply contracts were still in the final stage of signing.
· Business
- Bipartisan Senators Press Trump to Drop Russian Diesel Arrangement
The Treasury authorization covers specified Russian-diesel transactions through April 7, 2027, while lawmakers argue the policy would offer limited relief to U.S. consumers.
· Regulation
- Trump’s Russian Diesel Plan Faces Doubts Over U.S. Price Relief
The Treasury Department authorized Russian-origin diesel transactions through April 7, 2027, but the announced volumes may have limited effect on U.S. prices.
· Regulation
- Energy Analyst Says Diesel Prices Correlate More Closely With Treasury Yields
Diesel averaged $6.3895 per gallon on Oct. 1, while the 10-year Treasury yield stood at 5.24% on Oct. 9 amid inflation concerns.
· Investing
- U.S. Treasury Authorizes Russian Diesel Transactions Through April 2027
Kremlin spokesman Dmitry Peskov said Vladimir Putin conveyed Iran’s views on ending the conflict during an Oct. 9 call with President Donald Trump.
· Regulation
- U.S. License Allows Russian Diesel Trade as Hyperliquid Whale Shorts Diesel
A Hyperliquid trader held a $1.14 million diesel short against a $1.03 million WTI long as the reference spread narrowed.
· Investing
- Trump-Putin Diesel Deal Raises Questions Over Russia Sanctions
The Treasury authorized Russian-origin diesel transactions through April 7, 2027, as Trump outlined planned shipments totaling at least 1.8 million tons.
· Regulation
- ZachXBT Questions Whether UPay Enabled Xinbi Visa Crypto Card
The investigator asked UPay CEO Owen Yang to explain the companies’ relationship. The supplied materials do not establish that Xinbi launched or issued a card.
· Business
- Treasury Targets TdA-Linked ATM Network and Seven TRON Addresses
The action covers 10 individuals and entities tied to an ATM network that allegedly used malware and cryptocurrency to move proceeds from U.S. thefts.
· Regulation
- US Strikes on Iran, OFAC Sanctions and Stablecoin Freezes Raise Crypto Market Tensions
US airstrikes on Iran and OFAC crypto sanctions alongside Tether wallet freezes highlight rising geopolitical risk and tightening regulatory scrutiny across digital asset markets.
· Regulation
- U.S. Treasury Sanctions Crypto Addresses Linked to Cuba, Tether Freezes $131 Million USDT
The U.S. Treasury’s OFAC sanctioned multiple crypto addresses tied to Cuba-linked entities as Tether froze $131 million in USDT, highlighting rising enforcement and stablecoin control risks.
· Regulation
- Japan Weighs Crypto ETFs as Russia Moves to Tax Trading Income
Japan is considering crypto ETFs to boost institutional access while Russia advances plans to tax crypto trading as income, highlighting diverging global regulatory approaches.
· Regulation
- US Treasury Warns Crypto Payments to Iran May Trigger Sanctions Enforcement
The U.S. Treasury’s OFAC warned that crypto or fiat payments linked to Iran, including via exchanges like Nobitex, could trigger sanctions enforcement amid rising geopolitical tensions.
· Regulation
- Tether Freezes $344 Million USDT as U.S. Expands Sanctions Into Stablecoins
Tether froze $344 million in USDT with OFAC cooperation, highlighting how U.S. sanctions are extending into stablecoins and raising concerns over digital currency sovereignty in South Korea.
· Regulation
- US Treasury Signals Tighter Stablecoin Oversight Under GENIUS Act
The U.S. Treasury outlined plans with OFAC and FinCEN to tighten oversight of stablecoins and crypto intermediaries under the GENIUS Act to curb illicit finance.
· Regulation