As new elections approach in the United States, the Treasury Department is adding new names and crypto addresses to its list of specially designated citizens.
September 10 updates US Treasury Department sanctions. This includes Russian citizens who allegedly worked to meddle in the US election. The updates specifically target a long list of cryptocurrency wallet addresses associated with these hackers.
The new specially designated citizens include Saint Petersburg residents, Anton Nikolaeyvich Andreyev and Artem Mikhaylovich Lifshits, as well as the addresses associated with these two, including Bitcoin, Litecoin, ZCash, Dash and Ether.
This isn’t the first time the Treasury Department’s Office of Foreign Assets Control has targeted cryptocurrency addresses. March, OFAC added two Chinese nationals who helped North Korea’s hacking program launder its illicit profits.
Nor is this the first time US authorities have said Russian intelligence agencies used cryptocurrencies to fund disruptions in the 2016 presidential election. These are OFAC’s first sanctions for the naming of wallet addresses involved in Russia’s interference in elections.
The new measures come just two months before the US presidential election.