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American cash register side of foreign property control (OFAC) today has Delivered sanctions against Cryptex Crypto Exchange registered in Saint Vincent and the Grenadines – due to its role in the provision of financial services to Russian Cyber-Cyberpriminals, including more than $ 51.2 million in the funds derived from Ransomware attacks. The OFAC has identified four cryptoasset addresses associated with this exchange. In addition to the Action of the OFAC, Finside issued an order determined by PM2BTC – another crypton exchange associated with Russian illegal finances – as “primary money laundering”. Sergei Sergeevich Ivanov, also sanctioned today, is connected to both entities.
These labels are part of broader efforts to conduct laws in the US and Europe for the fight against illegal Russian finances, including confiscation of infrastructure and / or domains related to services, and another Russian state, Timur Shakhmametov. A Statement for the public published today The U.S. Department of State emphasizes that Shahhmametov was the leader of Joker’s bite, a previously leading stolen data market that voluntarily turn off 2021. years. This press release also states that Ivanov accompanied the income from Joker’s bite, and he is a key leader of Pinpays, a payment processor who knows how to service various stolen data suppliers.
Furthermore, the US Department of States announced up to $ 10 million for “information leading to the arrest and / or condemnation of Ivanova” and up to a million in the identification of other leaders of Joker’s thrust criminal market (except Shahhmametova) , as well as identification of other key leaders UPS, PM2BTC and Pinpays Transnational Criminal Groups (except Ivanov). “
In addition to the four cryptoasset addresses listed from the OFAC, as related to KRIPTEX, the elliptic is aware of thousands of additional addresses related to KRIPTEX, PM2BTC, Joker’s Dissups and Pinpays. Data on Onhain shows direct links between these entities and various services associated with Russian cyber criminal ecosystems, including DarkNet markets, stolen data suppliers and Darkton Forum. Furthermore, Cryptex transferred the million dollars of Kryptoasca to Garantex, Russian crypton exchange that sanctioned the OFAC itself in April 2022. Due to its role in providing money laundering services. The Elliptical Researcher below shows only direct connections, however, many additional indirect connections can be identified between CRYPTEX, PM2BTC and illegal entities, including different waste groups.
How can we help
After marking these entities previously marked with illegal finances, ealyiptic has taken urgent action for the resolution to reflect today’s OFAC sanctions. These entities are available to the screen and trace using our analytical analytical analytical analytics of the next generation.
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