OFAC Sanctions 8 Crypto Wallets Tied to Yemen’s Houthis
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned eight crypto wallets associated with Yemen’s Houthi movement, or Ansarallah.
As per the announcement, this action is part of continued efforts to restrict the group’s financial activities, specifically its reported involvement in maritime shipping and arms sales from Russia to pro-Iran factions in Yemen.
These wallets, which all contain USDT stablecoins on the Tron blockchain, are blacklisted. All U.S.-based crypto exchanges and financial services must block their access.
Additionally, U.S. citizens are barred from dealing with these wallets or any company on OFAC’s sanctions list. By marking these wallets around the world, OFAC hopes to block these wallets…
