The US Treasury has imposed sanctions against 16 groups and 16 citizens, using cryptocurrencies – Bits Media

Foreign Assets Control Department (I DO IT) US has imposed sanctions against 16 groups and 16 persons, allegedly trying to influence the results of the presidential election through cryptocurrencies.

US President Joe Biden (Joe Biden) issued a decree on the announcement of the next emergency in the country in connection with the alleged "Russian intervention in the elections" in the United States. The decree says, that the US Department of Finance may impose further sanctions, If any persons use digital assets to mislead or bypass economic measures from the USA. The US Treasury Department will be coordinated with the US Prosecutor General or State Secretary.

According to
Press relion of the Ofac, Among the organizations, trying to "violate the honesty of the presidential election" in the United States, Information agencies SouthFront and Newsfront were included, as well as the Association of Free Research and International Cooperation (African), which could manipulate the policy of African countries. The sanctions list also included the Russian Analytical Portal of the Strategic Culture Fund and Inforos. The list of OFAC was replenished by the Pakistani company Second Eye Solution (SES), also known as Forwarderz, which was engaged in the creation of fake documents.

According to Chainalysis, SouthFront came to the BTC, BCH and ETH in the amount of about $ 12,146. As for SES, from 2013 year at the company's address entered BTC, BCH, ETH and LTC totaling more $2.5 million. According to analysts, Second Eye Solution is actively using bitcoins on a "large exchange", and also accepts cryptocurrencies through Darknet, Using mixers and other ways of anonymization.

According to Chainalysis experts, Second Eye Solution made documents only in JPEG format, Therefore, they could be used to pass the KYC procedures, where photos are required, or to activate accounts on social networks. The American government claims, that the Russian Internet research agency ("Troll Factory") Allegedly turned to SES for the acquisition of fake documents for the purpose of conducting campaigns "on the disinformation of the population".

Recall, that last fall, the US Treasury has accused three Russian citizens of interfering in interim elections 2018 year in the USA.