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The US Treasury added more cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. addresses to its blacklist. The sanctions targeted suspected Iranian cybercriminals responsible for ransomware attacks.
- US Treasury adds 6 BTC addresses to its blacklist.
- Alleged Iranian cybercriminals were sanctioned.
- Crypto addresses would be linked to ransomware.
The US government is taking a strict approach against bad actors in the cryptocurrency space and is not afraid to expand its list of sanctioned addresses.
The U.S. Treasury Department on Wednesday announced new sanctions on companies and individuals allegedly involved with cyber attacks directed by the Iranian military. The Treasury’s Office of Foreign Assets Control (OFAC) reported the sanctions in a statement. communiqué as reported by CoinDesk .
Sanctions target ten individuals and two entities “for their role in the commission of malicious cyber acts, including ransomware ransomware is a type of malware used by hackers to steal or encrypt their victims’ files to extort them for a ransom in exchange for file decryption or restoration. activity “, the statement said. Also six addresses were included for Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. belonging to two individuals who allegedly helped develop and deploy cyberattacks as members of Iran’s Islamic Revolutionary Guard Corps (IRGC).
As part of the measures, the sanctioned individuals, companies and cryptocurrencies are added to OFAC’s list of Specially Designated Nationals (SDNs).
“ Ransomware actors and other cybercriminals, regardless of their national origin or base of operations, have targeted businesses and critical infrastructure across the board, directly threatening the physical security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. and economy of the U.S. and other nations “, said Treasury Under Secretary for Terrorism and Financial Intelligence Brian E. Nelson, who added that the agency will continue to ” taking action “Together with international partners to combat cyber threats.
U.S. SANCTIONS IRANIAN CYBERCRIMINALS U.S. Sanctions Iranian Cybercriminals
U.S. officials accused the group of individuals in the Iranian military of directing attacks against hundreds of companies in the United States. Specifically, they made reference to the deployment of campaigns ransomware , a type of malware-based computer attack that blocks access to data and computer networks. Los hackers often extort money from their victims and demand ransoms in cryptocurrencies in exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. for returning control of the data.
As reported by CoinDesk The individuals are part of a group of hackers that targeted U.S. hospitals, transportation companies and schools with ransomware Treasury officials said in the statement.
The media outlet adds that the sanctioned addresses did not contain any Bitcoin for the time of sanctions. In accordance with CoinDesk which cited blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. data, the wallets depleted their balances between October last year and May 2022. Many of these addresses have not been active since 2021, the report adds.
The sanctions are part of a broader series of actions by authorities against malicious actors allegedly linked to the Iranian government. CoinDesk recalls that OFAC has already added several Iranian officials to its blacklist in recent weeks, also accusing them of committing cyberattacks.
Last week, OFAC added Iran’s Intelligence Minister Esmail Khatib and its Ministry of Intelligence and Security to the SDN list for an alleged attack on Albania; although Iran has denied the allegations.
The U.S. Treasury has been designating more and more digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. addresses to its list of sanctioned entities. The recent actions come on the heels of the huge controversy which came after the federal agency sanctioned smart contract in traditional finance, a contract is a binding agreement between two parties. In cryptocurrencies, smart contracts execute functions on the blockchain. addresses that run the decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. mixer, Tornado Cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. .
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Article by Hannah Estefania Perez / DiarioBitcoin
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