Press "Enter" to skip to content

The U.S. Compels Brand New Russia Related Sanctions

The U.S. Compels Brand New Russia Related SanctionsRecently, the U.S. enforced new Russia related sanctions growing a blacklist of individuals supposedly engaged in a Kremlin-supported campaign to intervene with the 2016 US presidential election, among other offenses. The USDT (Department of the Treasury) combined that development with a declaration that it would elevate sanctions on the top aluminum company—Rusal—and two other companies associated to Rusal’s President Oleg Deripaska; after a pact was struck to separate the Russian control over them.

The USDT said that Deripaska himself would stay under sanctions. The new sanctions aimed 15 associates of Russian military intelligence service and 4 entities engaged in the suspected election interfering, the hacking of the WADA (World Anti-Doping Agency), and other “damaging activities” worldwide. The measures—which followed sanctions in April on Oleg Deripaska and six other controllers—were “in reaction to Russia’s persisted disregard for global norms,” the statement from Treasury’s OFAC (Office of Foreign Assets Control) reported. The steps also come on the heels of the U.S. President Donald Trump’s approval for an executive order in September to compel sanctions on any person or country that attempts to intervene in the U.S. elections. Trump circulated the order between criticism over his conduct of Russian election meddling.

Lately, the USDT was also in news as the department listed Bitcoin address of two Iranian citizens. The USDT’s OFAC comprised the digital currency address of two authorized individuals on its SDN (Specially Designated Nationals) list, as per to the announcement. OFAC’s SDN list identifies “companies and individuals controlled or owned by targeted countries.” These can comprise assumed drug traffickers or terrorists. Those listed on the list have their possessions frozen and also the U.S. citizens are normally forbidden from dealing with them. Conventionally, OFAC has listed identifying details like name, aliases, date of birth, and place of birth.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *