US Treasury Penalizes Three Crypto Traders for Assisting North Korean Hackers
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 ...
Blockchain Association and DeFi Education Fund Challenge Sanctions Against Tornado Cash in US Court
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 ...