April 24, 2021 @ 12:19 pm By Omar Faridi
Last week, the US sanctioned several groups and individuals because of their alleged association with “disinformation” campaigns that were reportedly coordinated by the Russian government.
Blockchain analysis firm
Chainalysis points out that a few of the sanctioned utilized virtual currency in their “criminal endeavors,” and their crypto wallet addresses were included in their entries on
OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List).
As noted by Chainalysis, the case should serve as a reminder of the “sanctions risk” that exists where “adversarial” governments take advantage of digital currency, however, disinformation campaigns are not the only example. According to Chainalysis, ransomware attacks may also “carry a risk of sanctions violations.”
United States Imposes New Sanctions On Russia - International Law mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
any other sector of the Russian economy;
Harmful Interference:
Engaged or attempted to engage in certain harmful foreign activities for the benefit of the Russian government, such as cyber activities, U.S. election interference, assassination attempts etc.;
High Level Officials:
Past or current leader, official, senior executive officer or board member of the Russian Government or other entities described in (2) above;
Government Agency:
Family Members:
Spouse or adult child of any person whose property and interest in property are blocked pursuant to (2) or (3) above;
Material Support:
Persons who provide material support for any activity described in (2) above or any person blocked pursuant to this E.O.;
U S Announces Sweeping New Sanctions Targeting Russia | Cozen O Connor jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
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April 19, 2021 – On April 15, 2021, the
Biden Administration issued a new Executive Order broadly authorizing new
sanctions against a number of Russian entities in response to
alleged incidents of election interference, malicious cyber
activities, corruption, human rights violations, and other
violations of international law. The Executive Order
represents the first significant sanctions imposed by the Biden
Administration targeting Russia, as well as a departure from the
Ukraine-focused sanctions that reflect the majority of actions
taken under both the Obama and Trump administrations. This
most recent Executive Order includes sanctions targeting technology