U.S. Adds 518 Bitcoin Addresses to OFAC SDN Sanctions List

The U.S. has placed 518 Bitcoin addresses on the Specially Designated Nationals (SDN) list managed by the Treasury Department's Office of Foreign Assets Control (OFAC), according to Alex Thorn, Head of Research at Galaxy. The addresses have received a combined 249,800 BTC and sent 239,700 BTC, leaving net holdings of about 9,306 BTC—roughly $707 million at current prices.