OFAC

This is the thesis contained in the materials of the trial on the legality of the blocking of the mixer The agency also shifted the responsibility for misconduct on the site In early May there was a trial on the legality of the blocking of the service Tornado Cas ...

According to analytics site Mevwatch.info, the percentage of Etherium blocks whose transactions comply with the Office of Foreign Assets Control (OFAC) has dropped to 27%. Transaction compliance is ensured by an open-source software module called MEV Boost. The module ...

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) announced an agreement with Poloniex exchange management. The site will pay a $7.6 million fine for violating sanctions. According to the regulator, the cryptocurrency ...

The exchange continued to provide services to customers from the sub-sanctioned jurisdictions The list of such includes temporarily occupied Crimea The company "settled," admitted guilt and will pay a fine Foreign Assets Control Authority (OFAC) publi ...

The Office of Foreign Assets Control (OFAC), a branch of the US Department of the Treasury, has taken action against three crypto traders for their alleged involvement in assisting North Korean hacker group, Lazarus, to convert crypto assets. Wu Huihui, an over-the-counter (OTC) trader, was accus ...

The advocacy group, the Blockchain Association, and the DeFi Education Fund have jointly filed an expert opinion with the US District Court in Austin. Challenging the sanctions imposed on the Tornado Cash cryptomixer by the US Treasury Department's Office of Foreign Assets Control (OFAC). Acco ...

Bittrex, a well-known cryptocurrency exchange, has recently announced that it will be terminating its services to clients in the United States. The exchange cited the "difficult regulatory environment and economic situation" in the country as the primary reason for this decision. According to ...