The addition of two Iranian SamSam ransomware bitcoin addresses to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) list ushered in a new era in Know Your Customer, Counter Terrorist Financing and Anti-Money Laundering (KYC/CTF/AML) regulation compliance for bitcoin transactions. From now on, no one is allowed to transact with these two bitcoin addresses:
It’s a significant first. For responsible crypto exchanges and bitcoin ATMs operating in this wild west legal environment there are very few FREE KYC/CTF/AML compliance tools available. BitcoinWhosWho.com provides open-source data necessary to adhere to burgeoning global KYC/CTF/AML procedures involving bitcoin transactions.
Monitor OFAC List
Prevent scam addresses from registering at an exchange.
Bitcoin Transaction Profiling
Warn customers before they send bitcoin to an accused scammer.
Wallet Risk Assessment
Mark wallets which have transacted with “scam” wallets to a higher degree of risk.
UPDATE: WannaCry Ransomware Attack up to 14.08007493 BTC on 92 payments as of 11:30am ET May 13. Balances more than doubled in 12 hours.
Today’s widely reported WannaCry ransomware attack is extensive, growing and has already yielded ~USD$12k in profits according to a quick analysis of the BTC addresses involved. On May 12 the 3 bitcoin addresses known to be receiving extortion payments show receipt of 6.49372428 BTC in 39 separate transactions with ransom varying between .15 to .30 BTC each. None of the balances have been moved to new bitcoin addresses since receipt.