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US sanctions crypto exchanges used by Russian darknet market, banks

ID: 1ce75b5a-e742-5430-b5d7-26a2dcb00e7a

STIX ID: report--1ce75b5a-e742-5430-b5d7-26a2dcb00e7a

Feed Name: Bleeping Computer

Threat Score
65/100

Date Published: 2024-03-25

Date Updated: 2026-04-20

Author: Sergiu Gatlan

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The U.S. Treasury's OFAC sanctioned three crypto exchanges for enabling transactions with the Hydra darknet market and sanctioned Russian banks, describing Hydra as a large-scale darknet marketplace ( ~$1.35B turnover in 2020) that offered drugs, money laundering, stolen databases, forged documents, and hacking-for-hire; sanctions freeze U.S. assets and target entities facilitating sanctions evasion.

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