The Latest Breaking News from OFAC

The U.S. Treasury's Department of Foreign Assets Control (OFAC) just sanctioned a cryptocurrency mixer for the first time ever.

Johnny Morrissey, 62, now living in Spain, has been accused of facilitating international drug shipments from south America into Europe

It comes as a US government department imposed sanctions against seven senior members of the Kinahan crime gang

The treasury has imposed sanctions on seven senior members of the Irish organised crime group

A number of businesses were also identified as being associated with the crime gang.

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued the order against the 'Kinahan Organized Crime Group' along with seven of its key members

The US issued the order against the 'Kinahan Organized Crime Group' along with seven of its key members

Diamonds have been a major component of trade between India and Russia in the recent years 

US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Friday (local time) sanctioned Russian President Vladimir Putin, Foreign Minister Sergei Lavrov, and members of Russia's Security Council in response to Russia's "unjustified, unprovoked and premediated" invasion of Ukraine.