Galaxy Research Director: The 518 Bitcoin addresses sanctioned by the US still hold approximately 9,306 BTC.

According to Mars Finance, on April 19th, Alex Thorn, Head of Research at Galaxy Digital, tweeted that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctions list (SDN list) has historically included 518 Bitcoin addresses. These addresses have cumulatively received 249,814 BTC and sent 239,708 BTC, currently holding a net of approximately 9,306 BTC, equivalent to about $707 million at current market prices. Thorn stated that OFAC sanctions are only one of the means by which the U.S. intercepts illicit assets, and the CLARITY Act will further expand the Treasury Department's related powers. He believes the Act is "the largest expansion of financial surveillance powers since the USA PATRIOT Act."