OFAC Sanctions Russia-Based Darknet Market, Virtual Currency Exchange
The Office of Foreign Assets Control on April 5 sanctioned Hydra Market, a Russia-based darknet market used to buy and sell illegal goods, and identified more than 100 virtual currency addresses associated with Hydra’s operations. The agency also sanctioned Garantex,…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
a virtual currency exchange with operations in Moscow. OFAC said that more than $100 million worth of transactions associated with Garantex “are associated with illicit actors and darknet markets.”