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Nalezeno "OFAC": 181

Binance Extends Blockade of Zimbabwean Crypto Users to Include Non-Resident Traders

3.6.2021
Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platform. Zimbabwean Nationals Blocked Prior to...

Marathon’s Bitcoin Mining Pool Will ‘No Longer Filter Transactions’ — Marapool Begins Signaling for Taproot

1.6.2021
On Monday, the publicly-listed enterprise mining firm Marathon Digital Holdings announced the company has adopted the latest codebase offered by Bitcoin Core developers that features Taproot. Marathon is now signaling for Taproot according to the announcement. The North American bitcoin miner...

US sanctions agency OFAC to rely more heavily on Chainalysis

28.5.2021
Govt agencies want more tools to trace suspect crypto transactions

Marathon Mines First OFAC Compliant Bitcoin Block

7.5.2021
Marathon, one of the biggest bitcoin mining dedicated companies in the U.S. and Canada, has mined the first OFAC compliant bitcoin block, only accepting transactions that comply with the directives of this government office. This has caused a stir in libertarian circles, that argue this can be...

OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread

18.4.2021
Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some...

BitPay to Pay $500K to Settle OFAC Sanction Violation Charges

18.2.2021
BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations

183 Violations: US Government Fines Bitgo for Allowing Users to Bypass Sanctions With Cryptocurrency

1.1.2021
The U.S. Office of Foreign Assets Control has fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency says Bitgo processed 183 cryptocurrency transactions that were “apparent violations of multiple sanctions programs.”...

Virgil Griffith Still Doesn’t Know What Exact Crimes He Is Accused of, Attorneys Say

11.12.2020
Attorneys for Virgil Griffith want the U.S. government to specify the charges he’s facing, rather than a broad claim that he violated U.S. sanctions

A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions

12.11.2020
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter...

Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea

26.10.2020
The motion, filed by Brian Klein, claims the indictment of Griffith doesn't "specify any alleged overt facts," and contains no actual allegation of fact

OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules

5.10.2020
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says

OFAC Warns Americans Against Facilitating Ransomware Payments

5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...

US Sanctions Two Russians Accused of Using Fraud to Steal Millions in Crypto

16.9.2020
The pair stole $16.8 million from customers of three different crypto exchanges, including two in the US

P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions

16.9.2020
Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start...

US Treasury Sanctions Russians Using Crypto for Election Interference

10.9.2020
The U.S. Treasury Department Office of Foreign Asset Control has added three Russian nationals and a host of cryptocurrency addresses to its sanctions list

US Agency Says Chinese Drug Traffickers Used Bitcoin to Launder Proceeds

17.7.2020
The U.S. Office of Foreign Asset Control has sanctioned four Chinese residents, claiming they helped launder drug proceeds using bitcoin

3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet

7.5.2020
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting...