The U.S. Department of the Treasury has sanctioned a Russian exploit brokerage network accused of purchasing stolen U.S. government cyber tools with crypto and reselling them to unauthorized buyers, marking the first use of new authorities under the Protecting American Intellectual Property Act.

In an announcement Tuesday, the Treasury’s Office of Foreign Assets Control designated Russian national, Sergey Sergeyevich Zelenyuk, and his company, Operation Zero, along with several associates and affiliated firms. 

The action blocks any property or interests in property of the designated parties that fall under U.S. jurisdiction and bars U.S. persons from transacting with… Read more on BitcoinMagazine