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Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic
13.6.2023
Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic
Crypto lobbyists still fighting to axe 'unlawful' Tornado Cash sanctions
5.6.2023
The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions
U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs
23.5.2023
The Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities, OFAC alleged
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
19.5.2023
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday
De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year
15.5.2023
Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade...
Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges
1.5.2023
Crypto exchange Poloniex will remit $7.59 million to settle sanctions violations allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC), the sanctions watchdog announced Monday
OFAC sanctions OTC traders who converted crypto for North Korea’s Lazarus group
24.4.2023
U.S. law enforcement has identified three individuals who handled stolen crypto and fiat for the benefit of North Korea
U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
24.4.2023
The U.S. Treasury Department's sanctions watchdog banned three North Korean individuals for supporting the Lazarus Group, a North Korean hacking team known for crypto thefts
Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil
19.4.2023
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building...
How OFAC’s Tornado Cash Sanctions Violate U.S. Citizens’ Constitutional Rights
18.4.2023
In filing a “friend of the court” brief, the Blockchain Association argues that financial privacy is fundamental – even in the digital realm
US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony
17.4.2023
U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,” as they can create a desire to find...
China Opposes Recent US Sanctions for Chinese Firms, Criticizes ‘Long-Arm’ Jurisdiction Policies
17.4.2023
The government of China protested the enactment of sanctions on a series of national companies by the U.S., barring them from doing business with U.S.-based entities for allegedly collaborating with Russia. China’s Commerce Ministry criticized the move, saying it is a “typical form...
Coinbase supports new court action to remove Tornado Cash ban
6.4.2023
The motion is part of a broader effort to restore internet privacy rights for U.S. citizens
Latest Ethereum Blocks Suggest Validators Are Reversing Censorship
22.3.2023
Non-censoring relays such as Agnostic and ultra sound are delivering more data blocks on Ethereum than Flashbots, the one-time king of MEV-delivering relays
Coinbase-OFAC Bug Affected Fewer Than 100 People, and Has Been Fixed
8.3.2023
Some users on Reddit reported bitcoin transfers from Binance to Coinbase were being blocked due to potential sanctions concerns
Tornado Cash Fork, Privacy Pools, Deployed on Optimism Testnet
6.3.2023
Privacy Pools uses zero-knowledge proofs to prove that funds in anonymous transactions are not linked to criminal activity, such as North Korea’s $625 million hack on Axie Infinity
Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis
27.2.2023
Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction volumes last year
Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash
27.2.2023
Despite the sanctions on the crypto mixing service, the bad actors behind January's biggest exploit have deposited millions worth of funds into Tornado Cash
Fewer Than Half of New Ethereum Blocks Over the Past 24 Hours Are OFAC Compliant
14.2.2023
For the first time since October, fewer than 50% of blocks added to the Ethereum blockchain over a 24-hour period are OFAC compliant, partially thanks to more non-censoring options that make up a larger share of the blockspace market
OFAC-compliant blocks on Ethereum hits three-month low of 47%
14.2.2023
The fall to 47% comes nearly three months after the percentage of OFAC-compliant blocks reached its peak at 79% on Nov. 21