US Treasury Sanctions Russian Paramilitary Team Crowdfunding Ukraine War With Crypto #Treasury #Sanctions #Russian #Paramilitary #Team #Crowdfunding #Ukraine #War #CryptoNews Headlines
The U.S. Treasury Department added 5 crypto addresses to its sanctions blacklist Thursday, all tied to a Russian entity dubbed “Task Drive Rusich.”
The addresses – two bitcoin, two ether and 1 tether – noticed hundreds of bucks in crypto move via, at times to exchanges such as Binance and KuCoin, in accordance to data from Nansen. Some of the addresses have been energetic as just lately as this week.
Telegram documents indicate that at the very least four of the addresses are joined to a armed service components crowdfunding marketing campaign to aid resupply pro-Russian troops that retreated through Ukraine’s offensive in the northeast. The units took significant casualties all through their retreat, a single of the posts mentioned.
The sanctions were being component of a broader list of additions to the Place of work of International Property Manage (OFAC)’s Specifically Selected Nationals (SDN) listing tied to Russia’s ongoing invasion of Ukraine.
The tether deal with is tied to USDT issued on the Tron blockchain.
According to the Treasury Section, Activity Pressure Rusich is a “neo-Nazi paramilitary group” that has been in combat in Ukraine.
“In 2015, Rusich mercenaries had been accused of, and filmed, committing atrocities versus deceased and captured Ukrainian troopers. Rusich is involved with OFAC-selected teams Private Military Company Wagner and Interregional Social Group Union of Donbas Volunteers,” Treasury claimed in a push release.
Treasury also sanctioned a number of other men and women tied to Russia’s invasion.