US Moves to Sanction Crypto Wallets Linked to Garantex Exchange and Houthi Movement | Headlines | News | CoinMarketCap
04/08/2025 04:41
The US Treasury Department sanctioned eight (8) crypto wallets associated with the Russian crypto exchange Garantex and the Houthi military …
Crypto Daily™13 minutes ago
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Published on April 07, 2025 21:26 GMT+00:00edited on April 07, 2025 21:31 GMT+00:00
The US Treasury Department sanctioned eight (8) crypto wallets associated with the Russian crypto exchange Garantex and the Houthi military organization.
The United States Office of Foreign Assets Control (OFAC) introduced sanctions against eight crypto wallet addresses based on data from Chainalysis and TRM Labs.
US Sanctions Wallets Linked to Houthi Operations in Yemen
The United States imposed sanctions on eight crypto wallet addresses linked to the Russian cryptocurrency exchange Garantex and the Yemini-based political and military organizations, the Houthis. The move comes after blockchain forensics identified nearly $1 billion in funds linked to Houthi operations. Based on data from the forensics firms Chainalysis and TRM Labs, OFAC identified several wallet addresses …