- OFAC sanctions six entities based in Liberia, India, Vietnam, Lebanon, and Kuwait.
- The sanctioned entities have been implicated in financial transactions, including cryptocurrencies for terrorists.
- Among those targeted is Lebanon-based Syrian money exchanger Tawfiq Muhammad Sa’id al-Law
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against six entities based in Liberia, India, Vietnam, Lebanon, and Kuwait.
Per the announcement, the sanctioned entities have been implicated in facilitating commodity shipments and financial transactions, including cryptocurrencies for the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), the Houthis, and Hezbollah.
Treasury has sanctioned 6 entities, 2 people and 2 tankers across 5 countries who are involved in the financing or shipping of oil for the IRGC-QF, the Houthis, and Hizballah – another step in the campaign to disrupt IRGC-QF support to terrorist proxies. https://t.co/hSFydBbEXu— Treasury Department (@USTreasury) March 26, 2024
Among those targeted is Lebanon-based Syrian money exchanger Tawfiq Muhammad Sa’id al-Law. In particular, the Treas…
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