Hey, frens! On Friday evening, I would like to raise the important topic of transactions from sanctioned services that your "enemies" can use to block your accounts.

What are Sanctioned Services?

Sanctioned services are companies or organizations that are sanctioned by governments or international organizations. Transferring funds to such services can be used for terrorist financing and money laundering.

Transfers from rogue services with malicious intent

This tool can be used for revenge or blackmail. For example, if someone wants to hurt their competitor, they can send them cryptocurrency from a rogue service. The recipient will need to prove that the transaction was made by mistake or intentionally (*by another person) and that he or she has nothing to do with it.

While the situation is being reviewed by the support service, the cryptocurrency in the recipient's account will be frozen, which will prevent him or her from making transfers or swaps. Proving your innocence can be a complicated and lengthy procedure. The recipient may need to engage lawyers or specialized companies to solve the problem.

Personal experience with sanctioned services

I have experienced firsthand what it is like to receive payments from sanctioned services. In my case, it was the Garantex service. After receiving cryptocurrency from my client, 5 minutes later I received a message from the support service that my account was blocked ( frozen ).

Support checks all transactions and if it sees an unacceptable level of risk, it notifies the client (i.e. me) that the account is blocked. (It all depends on the service, exchange, wallet you use, the blocking may not occur, but you will receive a message from support). In this case, the type of risk is sanctioned. The transaction is related to the Garantex service.

The client did not want to cause me any problems, but because of his ignorance, he used a sanctioned service. Since I was not involved in money laundering, terrorist financing and had nothing to do with sanctioned services, but was in such an unpleasant situation, I had to turn to legal services to solve the problem.

AMLbot Case

There is an interesting passage in the AMLBot case review that explains why transfers from sanctioned services such as Garantex do not end well:

" As a result, any cryptocurrency that has ever touched Garantex is now considered tainted by these sanctions. Individuals not personally targeted by OFAC sanctions and earning their income legitimately might still find themselves with tainted sanctions assets and frozen accounts." - quote from the article « Frozen Assets on CEX : Sanctions Exposure Case »This article clearly explains with an example that if you are not on the sanctions lists and have not been involved in money laundering, it will be much easier to prove your innocence in transferring cryptocurrency from a sanctioned service, but only if specialists work on solving the problem.

Solving the problem with transactions of sanctioned services

What should you do if you find yourself in a situation where you have received cryptocurrency from a sanctioned service and your account has been frozen?

I recommend contacting the AMLBot team, they will quickly be able to solve your problem and provide all the necessary consultations.

You can try to solve the problem yourself, but you need to understand that it takes a lot of your time and will not guarantee a solution. Therefore, it is still worth contacting specialists.

Read the material on X ( ex. Twitter ) :

https://twitter.com/obchakevich_/status/1750927525331521943

Hey, frens! On Friday evening, I would like to raise the important topic of transactions from sanctioned services that your "enemies" can use to block your accounts.

What are Sanctioned Services?

Sanctioned services are companies or organizations that are sanctioned by governments or international organizations. Transferring funds to such services can be used for terrorist financing and money laundering.

Transfers from rogue services with malicious intent

This tool can be used for revenge or blackmail. For example, if someone wants to hurt their competitor, they can send them cryptocurrency from a rogue service. The recipient will need to prove that the transaction was made by mistake or intentionally (*by another person) and that he or she has nothing to do with it.

While the situation is being reviewed by the support service, the cryptocurrency in the recipient's account will be frozen, which will prevent him or her from making transfers or swaps. Proving your innocence can be a complicated and lengthy procedure. The recipient may need to engage lawyers or specialized companies to solve the problem.

Personal experience with sanctioned services

I have experienced firsthand what it is like to receive payments from sanctioned services. In my case, it was the Garantex service. After receiving cryptocurrency from my client, 5 minutes later I received a message from the support service that my account was blocked ( frozen ).

Support checks all transactions and if it sees an unacceptable level of risk, it notifies the client (i.e. me) that the account is blocked. (It all depends on the service, exchange, wallet you use, the blocking may not occur, but you will receive a message from support). In this case, the type of risk is sanctioned. The transaction is related to the Garantex service.

The client did not want to cause me any problems, but because of his ignorance, he used a sanctioned service. Since I was not involved in money laundering, terrorist financing and had nothing to do with sanctioned services, but was in such an unpleasant situation, I had to turn to legal services to solve the problem.

AMLbot Case

There is an interesting passage in the AMLBot case review that explains why transfers from sanctioned services such as Garantex do not end well:

" As a result, any cryptocurrency that has ever touched Garantex is now considered tainted by these sanctions. Individuals not personally targeted by OFAC sanctions and earning their income legitimately might still find themselves with tainted sanctions assets and frozen accounts." - quote from the article « Frozen Assets on CEX : Sanctions Exposure Case »This article clearly explains with an example that if you are not on the sanctions lists and have not been involved in money laundering, it will be much easier to prove your innocence in transferring cryptocurrency from a sanctioned service, but only if specialists work on solving the problem.

Solving the problem with transactions of sanctioned services

What should you do if you find yourself in a situation where you have received cryptocurrency from a sanctioned service and your account has been frozen?

I recommend contacting the AMLBot team, they will quickly be able to solve your problem and provide all the necessary consultations.

You can try to solve the problem yourself, but you need to understand that it takes a lot of your time and will not guarantee a solution. Therefore, it is still worth contacting specialists.

Read the material on X ( ex. Twitter ) :

https://twitter.com/obchakevich_/status/1750927525331521943