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Last week the U.S. Department of the Treasury’s (Treasury)
Office of Foreign Assets Control (OFAC) sanctioned 22 individuals
and two entities in connection with Russia’s invasion of
Ukraine, adding the individuals and entities to OFAC’s
Specially Designated Nationals (SDN) List. According to a press
release, several of the sanctioned individuals are responsible for
furthering the Russian Federation’s objectives in Ukraine, both
prior to and during Russia’s latest invasion of Ukraine in
2022. Among the entities sanctioned is Task Force Rusich, a
neo-Nazi paramilitary group that has participated in combat with
Russia’s military in Ukraine; in addition to sanctioning the
group, OFAC added five associated cryptocurrency addresses to
OFAC’s SDN List. The Treasury announcement noted that the
actions come as part of a united international front to isolate
Russia’s financial systems and counter any Russian attempts to
evade sanctions.
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