Department 'sanctioning multiple wallets tied to Iran — resulting in the freeze of $344 million in cryptocurrency,' says Secretary Bessent | Anadolu

A new wave of sanctions from the U.S. Treasury targets 23 individuals and entities it says are connected to the Sinaloa cartel. Their assets are now blocked in the United States. The newly sanctioned people and businesses span two continents. They include an India-based chemicals supplier and Guatemala-based import/export businesses, among others.

Over the past decade, especially after the expansion of Russia-related measures in 2022, secondary sanctions have moved from a niche concept to a central pillar of U.S. economic enforcement. Unlike traditional sanctions, which are largely tied to ...

Kok An, a Cambodian senator, is accused of running a massive crypto crime operation through his many resorts and casinos.