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OFAC

News
cryptocurrency

The US Treasury's Office of Foreign Assets Control (OFAC) recently sanctioned a developer at OKO Design Bureau, a Russia-based drone maker, adding three crypto addresses to the Specially Designated Nationals list. This move is part of broader efforts to disrupt Russia's military strategies and financial networks amid the Ukraine conflict, highlighting the use of cryptocurrency in evading international sanctions.

May 3, 2024 01:30 AM
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