Search
OFAC’s Sanction Bucket Grows: BTC, TRX, and ETH Addresses Flagged Over Fentanyl Ties
6.10.2023
The Office of Foreign Asset Control (OFAC) under the Treasury has released an updated version of the specially designated nationals (SDN) list, featuring multiple alleged fentanyl traffickers from China along with their associated cryptocurrency addresses. These highlighted crypto addresses...
Estonian Crypto Firms Engage in ‘Massive-Scale’ Fraud and Aid Russia Evade Sanctions: Report
6.10.2023
Estonia has been one of the early receivers of cryptocurrency licenses in the EU, but it did not save the Baltic nation from falling victim to ‘massive-scale’ crypto-related fraud and scams, an investigation report from international journalists revealed....
Read More: Estonian Crypto Firms Engage...
US Treasury Imposes Sanctions on Several Chinese Crypto Wallets Linked to Illegal Drug Dealers
4.10.2023
The US Department of Treasury has imposed sanctions on cryptocurrency wallets of China-based chemical companies and individuals tied to illegal production and trafficking of fentanyl.
The blocked wallets apparently “received millions of USD funds over hundreds of deposits,” Deputy Treasury...
US Treasury sanctions crypto wallets as authorities crack down on fentanyl
3.10.2023
According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs
Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges
3.10.2023
The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities
Treasury Sanctions Ethereum Wallet Used by Sinaloa Cartel to Launder Fentanyl Financing
26.9.2023
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned an Ethereum wallet used by the Sinaloa Cartel to launder money from fentanyl sales in the U.S. Mario Alberto Jimenez Castro, an accused money launderer for the cartel’s Los Chapitos faction, allegedly...
US Treasury sanctions Ethereum wallet tied to cartel over 'illicit fentanyl trafficking'
26.9.2023
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States
10 crypto insiders share their advice for traders considering trading bots
26.9.2023
Being fully aware of both the strengths and weaknesses of bots can help traders leverage them with optimal success
Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by US Government
26.9.2023
The United States' Office of Foreign Assets Control (OFAC) has sanctioned an Ethereum wallet tied to a Mexican man from Sinaloa named Jimenez Castro
China to build giant AI chip factory to bypass US sanctions: Report
25.9.2023
Chinese scientists are reportedly looking into constructing massive facilities to locally manufacture technology necessary to create AI semiconductor chips
Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges
6.9.2023
Tornado Cash developer Roman Storm pleaded "not guilty" to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday
South Korea Seeks to Freeze North’s Crypto Assets Under New Law
6.9.2023
The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective...
Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks
30.8.2023
Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such cards from its peer-to-peer (P2P) platform. Bybit...
Binance Mulls Leaving Russia, Limits Options for Russian Users
30.8.2023
Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options...
Tornado Cash Indictments May Prove to Be Just a Localized Storm After All
30.8.2023
The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents. But the case may be much more straightforward than initial reactions suggested
Binance Delists Banco de Venezuela From P2P Payment Service: What’s Going On?
29.8.2023
Binance, the largest cryptocurrency exchange has removed Banco de Venezuela as a payment option in its peer-to-peer services in the country.
Although no official statement has been issued by Binance, the move comes on the back of international sanctions from the United States Treasury...
Binance Crypto Exchange Gauges Complete Exit from Russian Market Amid Sanctions
29.8.2023
Binance is reportedly considering a complete withdrawal from the Russian market amid growing Western sanctions on the country.
On Monday, an exchange spokesperson told The Wall Street Journal that Binance is exploring all possible options, including a full exit from Russia.
"All options are...
Binance excludes Banco de Venezuela from P2P payments
29.8.2023
Banco de Venezuela, one of the largest financial institutions in the country, was acquired by the sanctioned government in 2009
Binance leaving Russian market is 'on the table': Report
28.8.2023
A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regards to Russia, “including a full exit”
OKX and ByBit remove sanctioned Russian banks from payments list
28.8.2023
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and OKX