Famous billionaire Bill Ackman has waded into the Silicon Valley Bank issues presently being talked about across the United States. Reacting to the news, the billionaire tasked the government with mak...
Tag: Sanction
NY AG Will Ask Court To Sanction Trump And His Company
Topline The New York Attorney General will ask a state judge to sanction former President Donald Trump, the Trump Organization and other defendants as part of her $250 million civil lawsuit accusing t...
Coinbase gets hit with a sanction in the Netherlands, details inside
Coinbase was sanctioned over $3 million for failing to register with Dutch authorities duly. The exchange was also listed as one of the creditors of FTX in the latest court filings. Following the FTX ...
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria – Bitcoin News
According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’...
Binance Exchange Joins Sanction Specialist Association ACSS
Despite the bear market, Binance is one of the firms that has continued to build and make meaningful partnerships with firms and organizations. In its latest headline on partnerships, Binance joined t...
The Year in Crypto, 2022 Part 2: Ethereum Merges, Feds Sanction Tornado Cash, FTX Collapses
It’s a weird world when a developer is arrested for writing code, while an alleged fraudster who allegedly commingled $8 billion in user funds enjoys the holidays with his family. But that’...
Kraken decides to settle Iran sanction allegations with U.S. regulators
On 28 November, the U.S. Treasury Department announced that cryptocurrency exchange Kraken has agreed to pay a settlement fee of $362,000 against accusations that it violated sanctions against Iran. O...
Tornado Cash Sanction By U.S. Treasury Has Another Twist
Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U.S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program. The Unit...
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report – Exchanges Bitcoin News
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto pro...
Binance Continues to Provide Services to Unrestricted Russians Despite EU Sanction
Major crypto exchange Binance has continued to provide services to non-sanctioned Russian people just a few weeks before fresh sanctions from the European Union. Despite the sanction, Binance’s ...
Vietnam’s Prime Minister is Analyzing Cryptocurrency Sanction
Vietnam’s Prime Minister reportedly said that the country needs to study sanctions on virtual currencies. The Prime Minister discussed crypto regulation in the country. On October 24, 2022, Pham Minh ...
Bittrex Crypto Exchange Fined $24 Million for US Sanction Violation
Join Our Telegram channel to stay up to date on breaking news coverage The whole idea of cryptocurrency lies in the concept of independence and freedom. However, when it comes to regulations, there’s ...
Coin Center Filed Suit Against OFAC to Sanction Tornado Cash
Coin Center filed a second lawsuit against the Office of Foreign Assets Control in Federal District Court. The filing challenges the authority of OFAC to sanction Tornado Cash immutable smart contract...
EU Issues Fresh Sanction on Russia Including Crypto Services
Formerly, Russian citizens were permitted to hold up to 10,000 Euros in crypto. More billionaires, top military leaders, and propagandists have been sanctioned. The European Council of the EU issued t...
Why The EU Will Sanction Russian Crypto Transactions
The European Union has extended its sanctions against Russia and has added more restrictions to crypto wallets and related services. Per a press release, the European Commission implemented an eight p...
OFAC case details crypto industry’s sanction worries –
Sanctioning Tornado cash has eventually raised mixing activity on other platforms. According to the analysts, Sanctioning tornado cash has not decreased mixing activities. Tornado Cash, a fully decent...
OFAC Lawsuit Details Crypto Industry’s Sanction Concerns
Sanctioning Tornado Cash has not diminished mixing activity, experts say The suit, filed in federal court in the Western District of Texas, features six plaintiffs, including Coinbase employees and a ...
Here’s why Coinbase in funding lawsuit against Tornado Cash sanction
Tornado Cash users haven’t given up on the fight against the sanction placed on the digital currency mixing protocol by the US authorities. CNBC reported Thursday that leading cryptocurrency exchange,...
Coinbase Supports Lawsuit Against U.S Treasury in Tornado Cash Sanction
Exchange News Tornado Cash sued the U.S Treasury department. Coinbase backing a lawsuit against the SEC. The largest cryptocurrency exchange Coinbase announced that it was backing a lawsuit against th...
Charles Hoskinson Voices Against Tornado Cash Sanction
The US Treasury has recently banned a virtual currency mixer – Tornado Cash sparking a ferocious debate across the crypto ecosystem. The developers are expressing their outrage against the move. ...
Congressman Tom Emmer Questioned The Treasury Against Sanction of Tornado Cash
On August 8th, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash. The sanction was against the fund laundering worth 7 Billion USD. The platfo...
Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen
United States Congressman Tom Emmer sent a four-page letter to Treasury Secretary Janet Yellen on Tuesday regarding the Treasury Department’s sanctioning of cryptocurrency mixer Tornado Cash on Aug. 8...
Rep Emmer Demands Answers From Yellen Over Tornado Cash Sanction
Rep Tom Emmer, a United States Congress member and crypto advocate, is seeking answers from the United States Treasury Secretary, Janet Yellen on the sanctioned Tornado Cash cryptocurrency mixing serv...
Uniswap Censors 253 Crypto Addresses Blacklisted for Crime, Sanction Associations – Defi Bitcoin News
According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information wa...
Reddit User Calls US Sanction On Tornado Cash An Attack On ETH, Gives Solutions – crypto.news
On August 10th, a Reddit user @AllwaysBuyCheap, published a post calling the US government’s recent sanctions on Tornado Cash an attack. According to the crypto enthusiast, this sanction opens a new e...
Tornado Cash Activities After Sanctions
August 11, 2022, 7:18AM EDT • 5 min read Quick Take Less than 30% of Tornado Cash deposit originates from stolen funds and sanctioned entities, while a significant portion possibly comes from legitima...
What the Tornado Cash Sanction Means for Privacy Coins
Again, I’m not advocating for anything malicious or bad being done using those tools, but it’s a sign that they can work and that governments are struggling to actually deal with them tech...
Why The Sanction On Tornado Cash Is A Bear Signal For The Crypto Market
The US sanction on Tornado Cash has now made the rounds and is well-known news by now. The sanction against the famous coin tumbler has been coming for a while, which was not the least expected when i...