U.S. District Court Dismisses Lawsuit Challenging Sanctions on Crypto-Mixer Tornado Cash
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 ...
Tornado Cash Users Sue U.S. Treasury Department Over Sanctions, Citing Constitutional Violations
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 ...
Binance Investigations and Law Enforcement Team Up to Seize $4.4 Million Linked to North Korean Hackers
This is the coordinated work of the police and Binance Investigations The funds belonged to hackers from North Korea We recently wrote that the U.S. Treasury Department discovered and froze Binance cryptocurrencies linked to hackers from North Korea. Now the case ...
Poloniex to Pay $7.6 Million Fine for Violating U.S. Sanctions
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 ...