The U.S. Treasury Department has sanctioned former Canadian Olympic athlete Ryan Wedding, with the sanctions list covering multiple Crypto Assets addresses.

BTC-0,63%
ETH-0,27%

BlockBeats news, on November 21, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) disclosed that the U.S. Department of the Treasury announced sanctions against former Canadian Olympic athlete Ryan James Wedding and his drug trafficking organization. Wedding is accused of leading an international drug trafficking network, and the sanctions list includes 9 individuals and 9 entities designated as Specially Designated Nationals (SDN). The sanctions list contains multiple crypto assets addresses, involving Bitcoin, Ethereum, and other blockchain networks. The sanctioned individuals include several suspects from Mexico, Italy, the UK, and Canada, and the related entities span multiple industries, including jewelry manufacturing, private security, fuel wholesale, and motorcycle sales.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Drivechain Architect Paul Sztorc Unveils August Bitcoin Hard Fork With 1:1 BTC Coin Split

Bitcoin developer and Drivechain architect Paul Sztorc announced a new Bitcoin hard fork called eCash, set to launch this August, giving every BTC holder an equal number of eCash coins at the time of the split. Key Takeaways: Paul Sztorc announced eCash, a new Bitcoin hard fork dropping in Augus

Coinpedia5m ago

Hashrate Index: Brazil and Venezuela Show Potential to Grow Latam's Bitcoin Mining Share

A new report on the state of bitcoin mining in Latam found that the region is lagging in bitcoin mining adoption, even as it holds vast energy resources. While Paraguay holds the fourth place in global hashrate, Hashrate Index picked Brazil and Venezuela as the nations to follow. Key Takeaways: A

Coinpedia1h ago

Michael Saylor: Bitcoin’s winter is over; institutional and sovereign adoption could fuel the next uptrend

Gate News message, April 25 — Michael Saylor, co-founder of MicroStrategy, said "winter's over" as Bitcoin climbed to approximately $78,000, signaling a shift in market sentiment. According to analyst Mati Greenspan, recent market moves since the flash crash have been corrections within a broader bull market, with Bitcoin's bottom now in place. Greenspan believes the next leg of gains will be driven by "sovereign adoption," including central banks adding BTC alongside gold to their reserves. Governments and institutions are increasingly incorporating Bitcoin into their holdings. The U.S. government currently holds approximately 300,000 BTC and has discussed establishing a strategic Bitcoin reserve. El Salvador continues making daily purchases, while the U.K. government and several U.S. state pension funds have added Bitcoin to their asset allocations.

GateNews2h ago

Bitcoin Faces $1.315B in Short Liquidations Above $81,596; $1.168B in Long Liquidations Below $74,236

Gate News message, April 25 — According to Coinglass data, if Bitcoin breaks above $81,596, short positions across major CEXs would face cumulative liquidations of $1.315 billion. Conversely, if BTC falls below $74,236, long positions would encounter cumulative liquidations of $1.168

GateNews2h ago

Bitcoin Perpetual Futures and ETFs Function Like Traditional Commodity Rental Model, Says Peng Fu

Gate News message, April 25 — Peng Fu, newly appointed chief economist at XinHuo Group, outlined his analysis of Bitcoin's underlying business logic in a series of posts on X today. According to Fu, the commercial models of Bitcoin perpetual futures and ETFs are fundamentally identical to the

GateNews2h ago
Comment
0/400
No comments