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US Treasury Sanctions Russians Using Crypto for Election Interference

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Published: 10 Sept 2020 › Updated: 10 Sept 2020US Treasury Sanctions Russians Using Crypto for Election Interference

US Treasury Sanctions Russians Using Crypto for Election Interference

The U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) has added three Russian nationals and a host of cryptocurrency addresses to its sanctions list on allegations of election interference.
OFAC alleges the three individuals, Artem Lifshits, Anton Andreyev and Darya Aslanova, are employees of the Internet Research Agency (IRA), a Russian company and “troll farm” that tries to influence events. The IRA attempted to influence the 2018 midterm elections in the U.S., and OFAC alleged Thursday this work has continued.
“The IRA uses cryptocurrency to fund activities in furtherance of its ongoing malign influence operations around the world,” a press release said.
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