Tag: ofac
9 articles
US Treasury Sanctions Tren de Aragua Members Over $40 Million ATM Hacks
The US Treasury Department has cracked down on eight members of the notorious Venezuelan gang Tren de Aragua, sanctioning them for their roles in a brazen $40 million ATM hacking scheme that targeted US bank and credit union machines. Using malicious software, the gang forced ATMs to spit out cash, which was then laundered and transferred to members worldwide.
US Sanctions Chinese Marketplace Xinbi Guarantee Over $24bn in Illicit Transactions
The US Treasury is cracking down on overseas scammers, sanctioning Chinese marketplace Xinbi Guarantee for facilitating over $24 billion in illicit transactions, and taking aim at two key service providers that helped it operate. This move is part of a broader effort to dismantle criminal enterprises that steal billions from American victims each year.
US Targets Shelbit in $6bn Crypto Sanctions Crackdown
The US Treasury Department has cracked down on crypto sanctions, targeting Shelbit, a shadowy crypto conduit, and its founder Siavash Kayvanpour in a $6bn blow to Iran's financial apparatus. This move underscores the Treasury's determination to disrupt Tehran's reliance on digital assets and secret banking networks.
Telegram Disrupts Links Tied to Sanctioned VPN Service
Telegram swiftly disabled links connected to a sanctioned VPN service after the US Office of Foreign Assets Control took action, demonstrating its commitment to compliance with international regulations. The move came after Domain.Me, the operator of Telegram's t.me shortlinks, identified and suspended the linked domain for approximately a day.
Treasury Disrupts Ransomware Networks with Sanctions on VPN Service
The US Treasury Department has cracked down on a notorious VPN service, 1VPNS, and its alleged administrators, sanctioning them for enabling ransomware groups to launch devastating attacks on US companies and institutions. This move disrupts the cybercriminal ecosystem, cutting off a key tool used to hide attack origins, deploy malware, and manage stolen data.
US Treasury Disrupts Ransomware Networks with Sanctions on VPN, Malware Providers
The US Treasury has cracked down on ransomware networks by sanctioning a VPN provider and its administrator, who allegedly helped cybercrime groups hide their tracks and evade detection. This move aims to disrupt the tools and services that enable devastating attacks causing billions of dollars in losses to US critical infrastructure providers.
US Treasury Sanctions VPN Service Over Ransomware Support
The US Treasury has cracked down on a VPN service that helped ransomware groups hide their tracks, announcing sanctions against First VPN Service and its Ukrainian administrator, Dmytro Rashevskyi. This move follows a multi-jurisdictional law enforcement operation that dismantled the service in May 2026.
US Sanctions Nobitex Crypto Exchange Over Terrorism Financing Links
The US Treasury has sanctioned Nobitex, Iran's largest crypto exchange, and several top executives, citing its role in supporting the regime and processing over 50% of Iranian digital asset inflows. This move is part of a broader effort to crack down on terrorism financing through cryptocurrency.
French Teen Suspected in Mega-Breach at Secure Document Agency
A massive cyber security breach at France's secure document agency, ANTS, has led to the theft of 12-18 million lines of sensitive data, which was then offered for sale online. A 15-year-old French teen has been detained in connection with the leak, prompting the Paris Public Prosecutor's Office to launch a judicial investigation.