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The U.S. Treasury Department has introduced new sanctions against major Russian corporations involved in large-scale cryptomining in an effort to better block parties involved in helping threat actors and other entities evade sanctions previously imposed on Russia.
<p><span>Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated entities and individuals involved in attempts to evade sanctions imposed by the United States and its international partners on Russia. OFAC designated Russian commercial bank Transkapitalbank and a global network of more than 40 individuals and entities led by U.S.-designated Russian oligarch Konstantin Malofeyev, including organizations whose primary mission is to facilitate sanctions evasion for Russian entities. OFAC also designated companies operating in Russia&am...