The Treasury Office of Foreign Asset Control (OFAC) has published a Specially Designated Citizens List Update (OFAC’s SDN List), which lists several individuals accused of involvement in ransomware related to Iran. The list shows seven bitcoin addresses allegedly linked to an Iranian ransomware gang.
Iran adds 7 new bitcoin addresses to SDN list after Tornado Cash ban
Following a ban on Ethereum mixer Tornado Cash by Treasury Office watchdog OFAC, OFAC published a new SDN list update on September 14, 2022. The SDN list update lists two specific companies and ten people accused of participating in and funding Iran-based ransomware schemes. ,
In the past, OFAC has accused North Korean syndicates such as the notorious Lazarus group of participating in ransomware activities. OFAC’s SDN list announcement on Wednesday said, “This IRGC-affiliated group is known to exploit software vulnerabilities to carry out its ransomware activities, as well as unauthorized computer access, data exfiltration and other malicious cyber activities.” attached to it.”
In addition to the ten individuals and the two companies listed, about seven BTC addresses are also mentioned. Not a single BTC deposit has been seen in some of the addresses mentioned in the OFAC report. Other addresses have received BTC, such as this one, purportedly linked to an Iranian named Ahmed Khatibi Aghada, as the address once held 0.2931 BTC.
The September 14 SDN update isn’t the only update that lists “cyber-related designations”. [and] Designation related to Iran during the last two weeks. OFAC published an amendment to the cyber-related designations on September 2, and two “Iran-related designations” on September 8 and 9, 2022. The update published on Wednesday is the only “Iran-related designation” update to include newly added BTC addresses. ,
What do you think of the addition of seven new bitcoin addresses to OFAC’s SDN list? Let us know what you think about this topic in the comment section below.
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