Blog
El Mayo Pleads Guilty to International Drug Trafficking
Ismael “El Mayo” Zambada, a longtime partner of the infamous “El Chapo” Guzman, has entered into a guilty plea in Brooklyn after being accused of running and organizing a violent international drug trafficking operation. According to reports, El Chapo and El Mayo were the two primary individuals responsible for turning...
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Stablecoin A7A5 and Garantex Crypto Exchange Sanctioned
The Office of Foreign Assets Control (OFAC) was formally established in December of 1950 with the original mission of blocking Chinese and North Korean assets within U.S. jurisdictions once China decided to join the Korean War efforts. Due to the success of the agency, it eventually assumed the responsibility of...
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DEA Uncovers Vast Drug Trafficking Network Connected to Turkey
In a major accomplishment, U.S. law enforcement agencies have successfully uncovered a vast methamphetamine network spanning multiple continents. The operation has identified at least one major Turkish national as a key player in organizing the international drug trafficking scheme. The operation also revealed that Turkey has become a key hub...
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New Round of OFAC Sanctions Target Iran
Considering the increasing tension between Iran, Israel, America, and the rest of the world, it makes sense that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) decided to issue a new round of sanctions to weaken Iran. These latest sanctions specifically target Iran’s shadow banking network...
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India to Extradite Founder of Garantex to US
The Central Bureau of Investigation (CBI) has apprehended Aleksej Besciokov in India under the suspicion of operating Garantex, a cryptocurrency exchange that’s been accused of money laundering. Besciokov is being held and is expected to be extradited to the U.S. to face charges. According to reports, Besciokov was vacationing with...
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OFAC Sanctions 3 Individuals and 2 Entities for Smuggling Fuel
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) just made major moves against a Mexican cartel accused of transporting fentanyl into the country and stealing fuel. The OFAC sanctioned two Mexican entities and three Mexican nationals that it believes play a role in the drug...
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FBI’s Most Wanted Nigerian Email Scammer Extradited to U.S.
Cyberspace might seem anonymous, and you might feel empowered by the distance it provides between you and other people, but it’s important to remember that cybercrimes are still prosecuted every day. The United States isn’t shy about extraditing individuals from other countries that they feel are committing crimes online. In...
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OFAC Sanctions 8 Cryptocurrency Addresses
According to the Office of Foreign Assets Control (OFAC), a network of Houthi financial facilitators and procurement operatives was recently identified as securing commodities from Russia. Reports suggest those ‘commodities’ included weapons and were worth an estimated “tens of millions of dollars” overall. Some of the commodities being acquired included...
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Mexico Agrees to Extradite 29 Fugitives to US
President Trump’s plan to increase tariffs for countries across the world is already producing results. In a bid to avoid US tariffs on Mexican imports earlier this year, Mexican officials agreed to extradite 29 important cartel members that were of significant importance to US law enforcement agencies in a show...
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Latest OFAC Sanctions Target Iran and Shadow Fleet
In an unsurprising move, the US has just announced that they will be increasing economic sanctions targeting those aiding Iran, and the country will be renewing efforts to weaken the Iranian regime in the coming months. The Trump administration has been vocal and adamant about putting “maximum pressure” on oil...
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