US sanctions Russia-based network for helping Yemen's Houthis
- The U.S. Treasury Department announced sanctions against a network supporting the Houthi terrorists in Yemen, aiding in weapon procurement, according to a statement from the department.
- The Treasury identified at least eight digital asset wallets linked to the Houthis' financial activities, as mentioned by the Office of Foreign Assets Control.
- Treasury Secretary Scott Bessent stated that the sanctions aim to degrade the Houthis' ability to threaten regional stability through destabilizing activities.
- The Houthis have relied on Sa’id al-Jamal for critical goods, including weapons and stolen grain from Ukraine.
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Iran-Backed Houthi Group Faces Sanctions On Cryptocurrency Wallets Funding War Efforts
The Treasury Department took action against a Houthi financial network, imposing sanctions on cryptocurrency wallets used by the Iran-backed militant group to fund its war machine. What Happened: According to a Wednesday press release, the Department of the Treasury's Office of Foreign Assets Control identified eight digital wallets used by the Yemen-based group to help procure millions worth of weapons and commodities, including stolen Ukrainia…
·New York, United States
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US sanctions Russia-based network for helping Yemen’s Houthis
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·Jerusalem, Israel
Read Full ArticleUS sanctions Russia-based network for helping Yemen's Houthis
The United States imposed sanctions on Wednesday on Russia-based people and entities working to help procure weapons and commodities - including stolen Ukrainian grain - for Yemen's Iran-backed Houthis, the Treasury Department said.
·United Kingdom
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Total News Sources59
Leaning Left3Leaning Right10Center8Last UpdatedBias Distribution48% Right
Bias Distribution
- 48% of the sources lean Right
48% Right
14%
C 38%
R 48%
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