Search
Why OFAC Delisted Tornado Cash
5.4.2025
The Treasury Department may not have had any choice but to remove its designation of the crypto mixer
OFAC Unshackles Tornado Cash—But Security Hawks Warn: Frontend Remains a Minefield
22.3.2025
In a notable regulatory pivot, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has rescinded sanctions targeting Tornado Cash, an Ethereum-powered service for algorithmic mixing of digital assets, reigniting discourse about its operational integrity. Even as legal barriers...
U.S. Government Removes Tornado Cash Sanctions
21.3.2025
Tornado Cash was sanctioned multiple times over allegations of helping Lazarus Group launder funds
Garantex Operator Aleksej Besciokov Arrested in India: Report
12.3.2025
Besciokov is charged with money laundering conspiracy, conspiracy to violate sanctions and conspiracy to operate an unlicensed money transmitting business
Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering
7.3.2025
Garantex was sanctioned in 2022 for facilitating money laundering for ransomware actors and darknet markets
OFAC Blacklists Iran-Based Nemesis Admin, 49 Crypto Addresses in Post-Takedown Sanctions
5.3.2025
The U.S. Department of the Treasury blacklisted 49 bitcoin (BTC) and monero (XMR) addresses connected to Behrouz Parsarad, an Iran-based figure accused of overseeing the defunct Nemesis darknet marketplace (DNM), as part of persistent initiatives to disrupt fiscal channels underpinning illicit...
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
20.12.2024
Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
20.12.2024
Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
20.12.2024
Tornado Cash co-founder Roman Storm has petitioned a judge to drop criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
20.12.2024
Tornado Cash co-founder Roman Storm has petitioned a judge to drop criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
20.12.2024
Tornado Cash co-founder Roman Storm has petitioned a judge to drop criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
20.12.2024
Tornado Cash co-founder Roman Storm has petitioned a judge to drop criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer
US Treasury and UAE target North Korean digital asset launderers
17.12.2024
Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their roles in money laundering for North Korea
U.S. Shuts Down North Korean Crypto Money Laundering Network
17.12.2024
OFAC says a front company in the UAE had been converting crypto into cash for North Korea
‘Massive’ — BuilderNet aims to solve Ethereum’s centralized block problem
27.11.2024
Ethereum block builders Beaverbuild and Titan Builder have made around 88% of the blockchain’s blocks in recent weeks, and now BuilderNet aims to disrupt that
Big victory in Tornado Cash case as judge says OFAC exceeded authority
27.11.2024
A US appeals court ruled the Treasury’s OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash’s smart contracts
Coin Center lawyers argue Tornado Cash is not property
20.11.2024
The Coin Center lawsuit, first filed in 2022, noted that one plaintiff used Tornado Cash to protect his identity while donating money
US sanctions Russian crypto platforms for money laundering ties
26.9.2024
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance
U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
17.9.2024
One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast Asian country
US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links
13.9.2024
The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor...