OFAC Sanctions ISIS Operators for Financing Terror Group with Crypto

OFAC designated three individuals and six entities for facilitating ISIS financial transactions via money services businesses and cryptocurrency, identifying two TRON addresses tied to a French facilitator; the report names affected entities (Bitcoin Xchange, Spider, Alkaram, and several Nigerian exchange bureaus), outlines geographic scope across Europe, the Middle East, and West Africa, and urges VASPs and financial institutions to update sanctions screening and blockchain monitoring to block and trace related funds.