US Sanctions Garantex Over Houthi Crypto Ties

April 16, 2025

Catenaa, Monday, April 14, 2025-The US Department of the Treasury has imposed new sanctions aimed at dismantling financial networks supporting Yemen’s Houthi movement, specifically targeting cryptocurrency channels. The Office of Foreign Assets Control (OFAC) blacklisted eight crypto addresses allegedly controlled by the Houthis, who are designated as a Specially Designated Global Terrorist (SDGT) entity. The […]