US EditionUS 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.
59 Articles
59 Articles
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…
US Sanctions Houthi Network Buying Weapons and Stolen Ukrainian Grain From Russia
Two Afghan businessmen and a Hong Kong-based company involved in transporting grain from Russian-occupied Ukrainian territories have been sanctioned by the United States. The US Department of the Treasury announced the measures on April 2, citing the network’s involvement in supplying weapons, raw materials, and sensitive technologies to Yemen’s Houthi rebels. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sancti…
The Times of Israel
Arab NewsUS sanctions Russia-based network for helping Yemen’s Houthis
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