U.S. Treasury Sanctions Tren de Aragua Network Over ATM Thefts

The U.S. Treasury sanctioned 10 targets linked to an alleged Tren de Aragua network that uses malware to make American ATMs dispense cash. Treasury said the network operates from Mexico and Venezuela, launders the stolen proceeds, and transfers funds to gang members, including through cryptocurrency transactions. The department also separately sanctioned Juan Gabriel Rivas Nunez, alleging that he directs the gang’s operations in South American countries and participates in illicit gold mining. The measures block designated persons’ property under U.S. jurisdiction and generally prohibit transactions with them by U.S. persons, according to Treasury.