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Farrukh Furkatovitch Fayzimatov is accused of funding Hay’et Tahrir Al-Sham.
A US Treasury Department office has announced new sanctions against a “Syria-based terrorist fundraiser and recruiter” accused of collaborating with the militant group Hay’et Tahrir Al-Sham (HTS).
A press release alleges that Farrukh Furkatovitch Fayzimatov “utilizes social media to post propaganda, recruit new members, and solicit donations for HTS.” The suspect’s Bitcoin address is also being closely monitored, though the Treasury has not stated whether or not this address was involved in any terrorist financing.
The Treasury’s Office of Foreign Assets Control adds new crypto addresses to its watchlist of Specially Designated Nationals on a regular basis, though not always: Individual addresses were only designated by OFAC in 2018. Sanctioned individuals are prohibited from conducting financial transactions in the United States or with Americans.
Companies based in the United States that end up facilitating transactions to or from people on the list (even in the form of ransomware payments) face steep fines.