OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities

The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals database update (OFAC’s SDN List) that lists a fig of individuals accused of being progressive with Iran-related ransomware. The database further shows 7 bitcoin addresses that are allegedly associated with the Iranian ransomware gang.

Iran Adds 7 New Bitcoin Addresses to the SDN List Following the Tornado Cash Ban

Following the Treasury’s Office watchdog OFAC banning the ethereum mixer Tornado Cash, OFAC published a caller SDN List update connected September 14, 2022. The SDN List update lists 2 circumstantial companies and 10 radical that are accused of participating successful and financing Iran-based ransomware schemes.

In the past, OFAC has accused North Korean syndicates similar the infamous Lazarus Group of participating successful ransomware activities. “This IRGC-affiliated radical is known to exploit bundle vulnerabilities successful bid to transportation retired their ransomware activities, arsenic good arsenic prosecute successful unauthorized machine access, information exfiltration, and different malicious cyber activities,” OFAC’s SDN List announcement states connected Wednesday.

In summation to the 10 individuals and the 2 companies listed, astir 7 BTC addresses are mentioned arsenic well. Some of the addresses mentioned successful the OFAC study person ne'er seen a azygous BTC deposit. Other addresses person received BTC, similar this one, that’s allegedly associated with an Iranian named Ahmad Khatibi Aghada, arsenic the code erstwhile held 0.2931 BTC.

The September 14 SDN update is not the lone update that lists “cyber-related designations, [and] Iran-related designations during the past 2 weeks. OFAC published an amendment to cyber-related designations connected September 2, and 2 “Iran-related designations” connected September 8 and 9, 2022. The update published connected Wednesday is the lone “Iran-related designations” update that contains recently added BTC addresses.

What bash you deliberation astir OFAC adding 7 caller bitcoin addresses to the SDN List? Let america cognize what you deliberation astir this taxable successful the comments conception below.