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The Treasury’s Office of Foreign Assets Control (OFAC) has released an update to the Specially Designated Nationals List (OFAC SDN List) which lists a number of individuals accused of involvement in ransomware related to Iran. The list further shows seven bitcoin addresses believed to be associated with the Iranian ransomware gang.

Iran Adds 7 New Bitcoin Addresses to SDN List Following Tornado Cash Ban

Following the OFAC, the watchdog of the Treasury Office prohibition the ethereum mixer Tornado CashOFAC published a new update to the SDN list on September 14, 2022. SDN list update lists two specific companies and ten individuals accused of participating in and funding Iran-based ransomware programs.

In the past, OFAC has accused North Korean unions as the infamous Lazarus Group to participate in ransomware activities. “This IRGC-affiliated group is known for exploiting software vulnerabilities to carry out its ransomware activities, as well as engaging in unauthorized computer access, data exfiltration, and other malicious cyber activities. “, says OFAC’s SDN list announcement on Wednesday.

In addition to the ten natural persons and the two listed companies, around seven BTC addresses are also mentioned. Some addresses mentioned in the OFAC report have never seen a single BTC to pay. Other addresses received BTCAs this onewhich is believed to be associated with an Iranian by the name of Ahmad Khatibi Aghada, as the address once held 0.2931 BTC.

The September 14 SDN update isn’t the only update that lists “cybersecurity-related designations, [and] Iran-related designations over the past two weeks. OFAC released an amendment to cybersecurity-related designations on September 2 and two “Iran-related designations” on September 8 and 9, 2022. The update released on Wednesday is the only update to “Iran-related designations.” Iran” which contains new BTC addresses.

Keywords in this story

Offensive, Bitcoin addresses, Crypto, Cryptocurrency, Digital assets, The Pirates, Iran, Iran Ransomware, Designations related to Iran, Lazarus Group, Mix request, North Korea, OFAC, OFAC list, Ransomware, sdn list, tornado silver, Tornado Cash Blender, Treasury Department, Updated SDN list, US Treasury

What do you think of OFAC adding seven new bitcoin addresses to the SDN list? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the news manager for Bitcoin.com News and a fintech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about disruptive protocols emerging today.




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