The Office of Foreign Assets Control (OFAC) of the United States Treasury identified the cryptocurrency addresses of the Russian organization, Task Force Rusich, on the 15th of September.
As of this moment, five cryptocurrency addresses belonging to Task Force Rusich have been sanctioned. Two of the addresses are associated with Bitcoin, two others with Ethereum, and one with USDT on the TRON network.
Information obtained from other sources suggests that the wallets in question have been utilized for transactions involving the exchange of cryptocurrencies valued at several thousand dollars worth. In certain instances, the 14th of September was the very final day of service.
As a result of Task Force Rusich’s involvement in the conflict that has been going on between Russia and Ukraine this year, the United States Treasury has labeled it a Neo-Nazi paramilitary organization with a special designation. According to the report, members of the organization were caught on camera in 2015 perpetrating atrocities against the dead and captured Ukrainian soldiers.
The organization has a number of different names that it goes by, including “Military-Patriotic Club Rusich” and “Rusich Sabotage and Assault Reconnaissance Group.” It was established in St. Petersburg, which is located in Russia. The organization in question is referred to by both of these names. It is sometimes regarded as an offshoot of the Wagner Group, a more powerful and infamous Russian paramilitary force.
Installation and Deletion in Treasury’s List of Sanctions
The notification that was issued today includes, among other things, the addition and deletion of a large number of additional items from the list of sanctions that the Treasury maintains. The other individuals and organizations that were named in today’s announcement can be located in the countries of Russia, Zimbabwe, and Libya, respectively.
No single individual or organization was mentioned today that can be linked to a cryptographic address in any way. On the other hand, the Treasury Department took action yesterday to impose sanctions on some Bitcoin addresses in connection with an Iranian ransomware organization.
In August, the Treasury Department granted approvals to addresses associated with the Ethereum coin mixer Tornado Cash. This represents a significant new turn of events. This week, it was made clear that people who legitimately used Tornado Cash have options available to retrieve any funds that the protocol may have locked away. These options were made accessible to retrieve any funds that Tornado Cash may have locked away.
Information on how to access cryptocurrencies is typically included in the sanctions that the United States Treasury Department distributes. As of the time, this article was written, it had categorized more than 180 different cryptocurrency addresses as specially designated nationals. (SDNs).
