sanctions

Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in the crypto space, citing a recent settlement with Binance.In prepared remarks for the Blockchain Association’s Policy Summit on Nov. 29, Adey ...

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on cryptocurrency mixer Sinbad, alleging the platform was responsible for laundering funds for the North Korea-based hacking group Lazarus.In a Nov. 29 announcement, OFAC said Sinbad had “proc ...

A group of Tornado Cash users has filed an appeal in federal court following a ruling upholding the United States Treasury’s decision to add the cryptocurrency mixer to its list of sanctioned entities.In a Nov. 13 filing in the U.S. Court of Appeals for the Fifth Circuit, lawyers rep ...

The United States Treasury Department is reportedly planning to expand its sanctions to designate cryptocurrency mixers as money-laundering hubs following Hamas’ attack on Israel.According to an Oct. 19 report in The Wall Street Journal, Deputy Treasury Secretary Wally Adeyemo said the add ...

Gleb Kostarev, Binance's head of Eastern Europe and Russia, took to Facebook on Sept. 6 to announce its departure from Binance.In his Russian-language announcement, Kostarev said that today marks the last day of his long-running work at Binance, adding:“I am stepping down a ...

The world's largest crypto exchange Binance has removed Banco de Venezuela as a payment method on its peer-to-peer (P2P) trading service. This follows similar moves with sanctioned Russian banks last week, and is likely part of efforts to fall in line with international financial sanctions. ...

Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service Binance has cut ties with five sanctioned Russian banks that were listed on the exchange’s peer-to-peer service to let users transfer funds in rubles - the country’s native currency ...

Payment operator Checkout has ended its partnership with Binance. The reason for the termination was "regulatory reports and sanctions," Forbes writes. Binance disagrees with Checkout and intends to challenge the decision in court. British credit card ...

The U.S. District Court for the Western District of Texas has dismissed a lawsuit by users of crypto-mixer Tornado Cash who claim the U.S. Treasury Department overstepped its authority by imposing sanctions on the service. Judge Robert Pitman dismissed a lawsuit filed by six Tornado Cash users ...

Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto. On June 13, blockchain security and compliance firm Elliptic updated the ...

The Blockchain Association and the DeFi Education Fund have become the latest industry advocates to file their support of Coin Center’s lawsuit against the United States Treasury over its “unlawful” sanctions against Tornado Cash.On June 2, the two cryptocurrency industry ...

Cryptocurrency exchange Binance said that at the request of U.S. authorities froze crypto-assets worth $4.4 million associated with organizations from North Korea. Binance Investigations worked with U.S. law enforcement to thwart the "illegal revenue-generating activities ...

The court in the Netherlands postponed the first hearing in the case of Tornado Cash cryptomixer protocol developer Alexei Pertsev until 2024. The decision was handed down on Wednesday, May 24, in Den Bosch. The local court explained that all hearing slots until the en ...

Users of cryptocurrency mixer Tornado Cash sued the U.S. Treasury Department for imposing sanctions on the service, claiming that the open-source software ban violates the U.S. Constitution. On Wednesday, May 24, six Tornado Cash users demanded that the U.S. Treasury Depart ...

Cryptocurrency mixer Tornado Cash suffered a serious attack - an unknown person gained full control over the protocol and has already started withdrawing TORN tokens. An analyst at investment firm Paradigm, using the Twitter pseudonym samczsun, reported that on May 20, so ...

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 ...

This hacker made a living off of the ransomware programs Hive, LockBit and Babuk Police are now actively looking for him The U.S. State Department has imposed sanctions against Russian citizen Mikhail Matveev. The U.S. Treasury Department's Office of Foreign Asse ...

This is the opinion of analysts at a major German bank They believe the SEC sanctions will hit the company hard Coinbase risks losing much of its revenue from the U.S. market The Securities and Exchange Commission (SEC) sent Coinbase a "Wells Notice" ...

Boomberg cited its own sources as saying that the U.S. Department of Justice is checking to see if Russian citizens have used the Binance exchange to circumvent sanctions. The investigation is being conducted by the National Security Division of the U.S. Department of Jus ...

This is the analysis of Glassnode Activity in the segment has been falling since February, when Paxos suspended new token issuance BUSD came under sanctions in the US Tether is gradually taking its market share USD capitalization is close t ...

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 Wall Street Journal has reported that Bittrex, a cryptocurrency exchange, has received a notice from the US Securities and Exchange Commission (SEC) regarding the possibility of being forced to cease operations for not registering with the agency. Bittrex General Counsel David Maria confirmed ...

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 ...

A group of six American citizens, supported by lawyers from Coinbase exchange, have initiated a legal action alleging that the American government's imposition of sanctions on Tornado Cash service breaches the US Constitution. The lawsuit argues that the very nature of the cryptocurrency mixing s ...