Search

Nalezeno "ofac": 181

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...

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

Ethereum OFAC compliance dips to 45% post-Merge upgrade

27.9.2023
The list of top censorship offenders is populated by popular platforms such as Binance, Celsius Network, Bitfinex, Ledger Live, Huobi (HTX) and Coinbase

OFAC Blacklists ETH Wallet Operated By Cartel for Illicit Drug Trafficking

26.9.2023
In a new round of sanctions, the US Department of Treasury's Office of Foreign Assets Control (OFAC) has added ten more individuals to its blackbook. According to a September 26 press release, the US government agency disclosed that many of these individuals were affiliated with an international...

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...

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

Tornado Cash Devs Are Caught in a U.S. Dragnet

24.8.2023

Tornado Cash co-founders charged with money laundering, sanctions violations

23.8.2023
Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer

US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation

19.8.2023
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash...

Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority

17.8.2023
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service

Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela

29.6.2023
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said

Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic

13.6.2023
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic

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...