The US Treasury Department’s Office of Financial Assets Control or OFAC has updated its list of Specially Designated Nationals and Blocked Persons (SDNs). Includes 8 Tron Wallet Addresses Linked to the Houthi Financial Facilitators network.
Houthis is a Yemeni Iran-backed rebel group that previously launched attacks in Israel, as well as a commercial vessel in the Red Sea. The group was the target of a US airstrike in March, in a move that made headlines after US officials debating an attack on messaging app signals accidentally added journalists to the group.
According to the Treasury, the network “procured tens of millions of dollars worth of goods from Russia, including weapons, sensitive goods and stolen Ukrainian grain, for the advancement of Hooty-controlled to Yemen.”
The wallet is linked to Sa’id Al-Jamal, the Iran-based “Senior Hooty Financial Official,” which the US Treasury Department previously declared a global terrorist specially designated in 2021, followed by further sanctions in 2023 and 2024.
“Houthis relies on Sa’id Al-Jamal and his network to source important goods to supply the group’s terrorist warfare machinery.” In a statement. “Today’s actions underscore our commitment to decreasing the ability of Hoosis to threaten the community through unstable activities.”
Follow Executive Order 13324the US government said, “it allows for blocking and poses significant risks to the assets of foreigners and organizations who commit acts of terrorism. SDNblock or freeze their assets and prohibit US citizens from dealing with them.
According to the Tron Block Explorer TokenView, the address is active back to 2023, with mostly traded with Tether’s USDT Stablecoin, and sometimes $1 million It’s worth it at once.
The US Treasury has a history of sanctioning and adding crypto addresses and entities to the blacklist, and previously did so for the group. Scope from the Russian Neo-Nazis In 2022 Cryptographic exchange connected to Hamas 2023.
Tethers can also create a blacklist for addresses, and did so because they have more than 2,100 addresses According to Dune Dashboard, $1.3 billion USDT. Representatives of the Stablecoin publisher did not respond immediately Decrypt’s Request for comments on whether the organization has been aware of the latest SDN additions.
Last week, the US Department of Justice Over $200,000 has been seized He was assigned to Hamas, a Palestinian extremist group.
Edited by Andrew Hayward
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