Cryptex

Active exclusionSpecial Entity Designation

Cryptex has an active exclusion in the System for Award Management (SAM.gov), entered by the OFAC effective Sep 26, 2024. Type: Prohibition/Restriction. While active, the party cannot receive new federal contracts, subcontracts or grants unless an agency grants a compelling-reason exception.

A prohibition or restriction comes from a statute or court decision that bars the party from receiving certain federal contracts or funds.

UEI
RNSVV56W6KZ5
Physical address
EURO HOUSE RICHMOND HILL RD, KINGSTOWN
Exclusion type
Prohibition/Restriction
Program
Reciprocal
Excluding agency
OFAC
Active since
Sep 26, 2024
Termination
Indefinite
Cross-reference
(also INTERNATIONAL PAYMENT SERVICE PROVIDER LLC)

Agency comments

Redacted for Security Reasons

Frequently asked questions

Can Cryptex keep performing its current contracts?

Generally, an exclusion bars new awards but does not automatically cancel existing contracts: the agency decides whether to continue them. They cannot be extended or renewed without approval.

Can an excluded company be used as a subcontractor?

Prime contractors should not subcontract to excluded parties above certain thresholds without notifying and justifying it to the agency. That is why SAM.gov should be checked before choosing partners.

Where is the exclusion status confirmed?

In the SAM.gov exclusions search, the official source. DataCloud USA updates it daily.