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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...
Latam Insights Encore: The Venezuelan Perfect Storm Highlights Bitcoin’s Key Use Case
10.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela, highlighting one of its most significant traits:...
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Did Sanctioning Tornado Cash Work?
8.8.2024
Sanctions are an effort to throw the weight of the U.S. dollar around to tamp down on activities the U.S. government thinks may be harmful – like money laundering to fund terror groups or rogue nations. The New York Federal Reserve thinks they had a real effect in crypto