OFAC sanctions two pro-Kremlin supporters with Garantex ties

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OFAC has sanctioned two Russians concerned in a pro-Kremlin affect marketing campaign, whereas Chainalysis discovered that a minimum of one in every of them obtained funds from crypto trade Garantex.

The Division of the Treasury’s Workplace of Overseas Property Management (OFAC) has imposed sanctions in opposition to two Russian people for providers “they supplied the Authorities of the Russian Federation (GoR) in reference to a international malign affect marketing campaign, together with making an attempt to impersonate legit media retailers.”

In a press release on Mar. 20, OFAC revealed sanctions in opposition to Ilya Andreevich Gambashidze and Nikolai Aleksandrovich Tupikin, related to Social Design Company (SDA) and Firm Group Structura LLC (Structura) respectively. The U.S. authorities recognized each as key actors in a media marketing campaign centered on impersonating legit media retailers.

“Particularly, Tupikin and Gambashidze, by way of SDA and Structura, have applied, on behalf of GoR, a sprawling community of over 60 web sites that impersonated legit information organizations, and which used deceptive social media accounts to amplify the content material of the spoofed web sites.”


The sanctions imposed by OFAC entail a freezing of all property and pursuits belonging to the designated people, with monetary establishments warned of potential sanctions in the event that they interact with them.

OFAC sanctions two pro-Kremlin supporters with Garantex ties - 1
Gambashidze’s on-chain actions | Supply: Chainalysis

Following the imposition of sanctions, Chainalysis, a blockchain forensics agency, disclosed that Gambashidze had obtained greater than $200,000 price of Tether (USDT) on the TRON community, a considerable portion of which got here immediately from Garantex, a sanctioned Russian crypto trade. Nevertheless, it’s unclear whether or not Gambashidze used the stablecoin for financing the malign affect marketing campaign.

Garantex was beforehand sanctioned by OFAC in April 2022, with authorities citing its involvement in facilitating transactions related to illicit actors and darknet markets, together with funds from the Russian Ransomware-as-a-Service gang Conti and the now-defunct Hydra darknet market.

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