US Treasury To Monitor Foreign Crypto Activity

The US Department of Treasury is keeping a suspicious eye on foreign crypto activity after the treasury recently blacklisted Russian-based SUEX for eliciting cyber-criminal activity. The deputy security of the department aims to keep applying pressure to foreign threats by investing in stronger technological resources and cyber-security proficiency.

The US Treasury has stated that they are working with the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) to assure that the latest anti-money laundering compliance is on par with the latest technological advances in the cryptocurrency space. Managing Partner of Warren Law Group, Christopher Warren states, “If you are in the money services business or in any type of monetary or currency transmitter service, and are engaging in transactions domestically or internationally, it is imperative that you have securities counsel to assist in developing AML protocols to keep you clear of regulatory investigations and enforcement actions under the Bank Secrecy Act (BSA).”

If you operate a money services business (MSB) regulated under rules promulgated under the US Treasury, FinCEN, or OFAC, and you could be a victim of cryptocurrency cybercrimes, contact the attorneys at the Warren Law Group. To schedule a complimentary consultation, call (866) WLGROUP, or email



Warren Law Group defends individuals and companies in all types of litigation. Our team has decades of experience in all types of litigation, white collar defense, securities litigation, and financial services enforcement proceedings.