OFAC Sanctions Tracker: How Sanctions Impact Crypto Crime

Today, the Treasury’s Office of Foreign Assets Control (OFAC) sanctions countries, individuals, companies, and groups — like international drug traffickers or terrorists — that pose specific threats to U.S. interests. Since that first designation, OFAC has included many wallet addresses and even entire crypto services in its designations. While no crypto addresses were included in the designation of Lazarus Group, Chainalysis identified addresses belonging to this entity. Sanctions screening challenges for crypto businessesA Thomson Reuters survey found sanctions screening to be a top challenge for financial services organizations. Learn more about the challenges and opportunities related to crypto sanctions and how Chainalysis can help.