Hamas Emptied Cryptocurrency
Addresses After FBI Requested FreezeGetty Images
OFAC Adds Eight Entries to SDN List, Amends Others
The Office of Foreign Assets Control of the U.S. Treasury Department issued a notice concerning the addition of five individuals and three entities to the Specially Designated Nationals List with respect to counter terrorism issues.
US Treasury Targets Hezbollah Sanctions Evasion Network
The U.S. Treasury Department announced new sanctions targeting five individuals and three associated companies involved in a Lebanon-based sanctions evasion that manages a variety of lucrative commercial projects and oil smuggling networks in support of Hezbollah.
FDIC Withdraws Crypto Notification Requirement
The Federal Deposit Insurance Corporation issued a notice that it rescinded its 2022 directive, FIL-16-2022, that required FDIC-supervised banks to notify the agency before engaging in crypto-related activities.
OFAC Publishes Latest Edition of SDN List
The Office of Foreign Assets Control, part of the U.S. Treasury Department, updated its list of Specially Designated Nationals and Blocked Persons, which designates organizations and individuals who are restricted from doing business with the United States, American companies or Americans.
In this episode of Financial Crime Matters, Claudia Quiroz, a senior official at the U.S. Justice Department, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss combating the illicit use of cryptocurrency.