OFAC designates eight Canadian money services businesses under Operation Economic Outcast
POLICYOFACredteam/daily · 1 source
- Severity
- Info
- Sources
- 1
What happened
On November 6, OFAC designated eight money services businesses based in Canada under Operation Economic Outcast, with many having facilitated transactions with sanctioned Iranian digital asset exchanges. The article gives no CVEs or technical indicators. Compliance teams should screen counterparties and transaction flows against the designations and review any exposure to the named Iranian exchanges.
For security analysts · Written by AI from 1 source · Wrong?
What to do
- No action needed.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
TRM Labs
Who and what is in it
Government agencies