Wally Adeyemo

October 7, 2024 | |

Iran Reaches ‘Good Understanding’ With Qatar on $6 Billion of Frozen Assets Despite Earlier U.S. Assurances

Iran’s president claimed to have reached a “good understanding” with Qatar over the fate of $6 billion of frozen assets deposited in a Qatari bank last year despite persistent...

May 10, 2024 | Janatan Sayeh, Behnam Ben Taleblu, Saeed Ghasseminejad

Why the Biden Administration’s Iran Sanctions Waivers Are Futile

The Islamic Republic also has a history of diverting resources intended for humanitarian purposes.

April 18, 2024 | |

White House Defends $10 Billion Sanctions Waiver to Iran Following Attack

The White House on April 15 defended Iran sanctions waivers it last extended in March, giving Iran access to $10 billion in funds. National Security Council spokesperson John Kirby...

October 23, 2023 | Michael Sugden, Elaine K. Dezenski

Hamas’ Cryptocurrency Use Draws Attention to Terror Finance Enforcement Gaps

More than 100 Democratic and Republican members of Congress sent a letter to the White House last Tuesday urging the Biden administration to take action to stop terrorist organizations from raising funds...

October 23, 2023 | Reuel Marc Gerecht |

Biden’s Iran Policy Is About to Change—One Way or the Other

The administration could shift from appeasement to nuclear acceptance quietly, or it could try to build a bolder, bipartisan consensus.

October 16, 2023 | Annie Fixler, Michael Sugden

U.S.-UAE Cybersecurity Cooperation Marks Needed Collaboration in the Region

The United States and the United Arab Emirates (UAE) on Monday announced a memorandum of understanding (MoU) on cybersecurity cooperation. Against the backdrop of surging Iranian and criminal cyberattacks...

August 3, 2023 | Sinan Ciddi |

Alleged Turkish Money Launderer to Face Trial 

A Utah court last week released Turkish businessman Sezgin Baran Korkmaz, whom Austria extradited last year, as he awaits trial in U.S. federal court for several money laundering schemes that allegedly...

April 17, 2023 | Sinan Ciddi |

U.S. Sanctions Turkish Entities for Aiding Russian War Effort

The United States and United Kingdom imposed sanctions Wednesday on three Turkish targets as part of the West’s continued effort to “cut off more of the international assets and finance channels still...

September 29, 2022 | Sinan Ciddi |

Turkish Banks Suspend Use of Russia’s Mir Payment System

Three Turkish state-owned banks suspended their use of the Russian payment system “Mir” — Moscow’s alternative to the Brussels-based SWIFT messaging service — on Tuesday. This move comes amid...

August 30, 2022 | Bradley Bowman, Sinan Ciddi

Turkey’s Latest Move to Undermine NATO

That it’s considering buying additional missile systems from Russia highlights continued challenges for the United States and its NATO allies.

November 17, 2021 | Annie Fixler, Enia Krivine

Washington and Jerusalem Enhance Cooperation to Counter Ransomware

The United States and Israel are forming a new cyber partnership to combat ransomware threats, Deputy Treasury Secretary Wally Adeyemo announced on Sunday during a trip to the Jewish state. The initiative...

September 23, 2021 | RADM (Ret.) Mark Montgomery, Annie Fixler

Treasury Takes Aim at Ransomware and Illicit Cryptocurrency Trading

The U.S. Treasury Department on Tuesday issued the first-ever sanctions against a virtual currency exchange platform, SUEX, for knowingly facilitating ransomware payments and other illicit financial transactions....

May 8, 2021 | Maj Jared Thompson, Annie Fixler

The US Needs to Impose Costs on China for Its Economic Warfare

The linchpin of a more effective deterrence is developing a more effective way to hurt the Chinese Communist Party if it will not stop hurting the United States.