US Sanctions Cryptocurrency Addresses Linked To Russian Cyberactivities
The US government sanctioned this week twenty-eight cryptocurrency addresses allegedly associated with entities or individuals linked to Russian cyberattacks or election interference.
The US government introduced these sanctions in an executive order by President Biden that formally announced that the Russian SVR, and its hacking division, commonly referred to as APT29, The Dukes, or Cozy Bear, were behind the recent SolarWinds supply chain attack.
The US government also stated that the cyberattacks and election interference disinformation campaigns were conducted by Russia’s Federal Security Service (FSB) and Russia’s Main Intelligence Directorate (GRU), who were helped by six now-snactioned Russian companies.
A press release by the US Treasury Department states that a Pakistani company known as Second Eye Solution (SES) provided fraudulent identities to the Internet Research Agency (IRA) to help them evade US sanctions.
The US government previously sanctioned the Internet Research Agency (IRA) in 2018 for its spreading of disinformation and conspiracy theories to influence the 2016 US presidential elections.
As payment for these services, the US government states that SES was paid over $2.5 million in cryptocurrency between 2013 and 2021.
“Known SES digital currency addresses have received over $2.5 million in digital currencies over more than 26,900 transactions from 2013 to March 2021,” said the US Treasury Department in a press release.
For these activities, the US Office of Foreign Assets Control (OFAC) has sanctioned twenty-eight cryptocurrency addresses linked to these entities or individuals.
The sanctioned addresses are for a wide range of cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, Etherium, Verge, Zcash, and Dash , are listed below.
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