Re-Export Scheme Keeps Russian Aircraft Flying Despite Sanctions
Russia continues to receive large volumes of Western-made aviation parts through third-country intermediaries despite EU and U.S. sanctions.
OFAC
When the ‘Person with Significant Control’ Isn’t Really a Person
Two cryptocurrency exchanges registered in the United Kingdom and marketed as processing more than $1 billion a day were fronted by a purported executive who “doesn’t seem to exist” and was instead portrayed using stock footage, OCCRP reported.
Family of U.N. Official Sue U.S. in Fight Against Controversial SDN Sanctions
The family of Francesca Albanese, the U.N. special rapporteur for Palestine, sued President Trump and senior U.S. officials on Wednesday, challenging sanctions imposed on her over her advocacy for the prosecution of Israeli leaders and international companies connected to the war in Gaza.
OFAC Blacklists Five Nicaraguan Officials for Alleged Abuses of Power
The U.S. on Thursday blacklisted five senior Nicaraguan officials for their alleged role in helping Nicaragua to consolidate authoritarian power through financial controls, labor policy, surveillance, and military intelligence operations.
TFI’s Hurley to Exit After Objecting to Minneapolis Crackdown
A senior Treasury Department official is preparing to resign after privately raising objections to a White House-backed initiative aimed at alleged fraud tied to the Somali immigrant community in Minnesota.
Senator Launches Probe into Binance Following Reports of Iran Sanctions Busting
A senior U.S. senator has opened an inquiry into Binance seeking records on alleged transactions that funneled nearly $2 billion to Iran-linked terrorist organizations and other entities and payments that helped circumvent sanctions on Russian oil, Bloomberg said.
Cyber Sanctions Target Kremlin on Anniversary of Ukraine War
Western governments marked the anniversary of Russia’s full-scale invasion of Ukraine with new measures targeting the Kremlin’s revenue streams and enabling networks, despite stalled efforts by the EU to approve a broad sanctions package.
Sanctioned Sudanese Militant Linked to Four Dubai Properties
The head of Sudan’s Rapid Support Forces (RSF), Mohamed “Hemedti” Hamdan Dagalo, appears to own a portfolio of property in Dubai valued at approximately $1.7 million, according to new research by The Sentry.
Elliptic Names Four Crypto Exchanges Used for Russia Sanctions Evasion
Blockchain forensics firm Elliptic has identified four cryptocurrency exchanges that allegedly facilitate Russia sanctions evasion, including by helping to convert rubles into crypto-assets and move value across borders without the direct aid of traditional banking channels.
Russia, Belarus, and the Web of Firms Allegedly Used to Launder Ukrainian Grain
A blacklisted, former Belarusian official is working with Russia to disguise the origin of agricultural products from Ukraine’s occupied territories, according to new reporting by Ukrinform. The news agency, which is Ukraine’s only national news service and is controlled by the country’s Cabinet of Ministers, said it based its reporting on documents obtained by the Belarusian opposition group […]