The United States Treasury has announced deputies of the multilateral Russian Elites, Proxies and Oligarchs (REPO) Task Force have targeted crypto in Russian entities’ attempts to evade sanctions. In ...
Tag: Sanctioned
Huobi, KuCoin reportedly transacting with sanctioned Russian banks
A report by open-source intelligence company Inca Digital alleges that two major crypto exchanges, Huobi and KuCoin, have been letting customers of sanctioned Russian banks make transactions on their ...
2 Of World’s Biggest Crypto Exchanges Reportedly Allowed Sanctioned Russians To Transact
According to a research by blockchain analytics firm Inca Digital, popular crypto exchanges Huobi and KuCoin have been criticized for not adhering with sanctions placed on Russia as a result of its in...
Huobi and KuCoin serve customers of sanctioned Russian banks: Politco
Ad Crypto exchanges Huobi and KuCoin continue to provide services to users of sanctioned Russian banks, according to a report from Politico on Feb. 24. The news publication cited a report from Inca Di...
New ‘Sinbad’ Bitcoin Mixer Unmasked As Formerly Sanctioned Blender
A federally sanctioned “coin mixer” used by criminals to launder money appears to have been relaunched under a different name, according to a blockchain analytics firm. “Blender is back,” ...
‘Pharma Bro’ Shkreli Violated Lifetime Ban And Should Be Sanctioned, FTC Says
Topline The Federal Trade Commission is asking a federal judge to sanction former hedge fund manager Martin Shkreli, arguing he should be held in contempt for violating his lifetime ban from the pharm...
Tornado Cash Yet Again Sanctioned by U.S Treasury
12 hours ago | 2 mins read Blockchain News Tornado Cash developers, founders, DAO members, and users are not subject to sanctions. Public opinion is divided on the sanctions imposed on the project. T...
Fintech Bill Approved and Ready to Be Sanctioned in Chile – Regulation Bitcoin News
A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the presid...
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash. This information was first disc...
Crypto Exchange Bittrex to Pay $30M to Settle OFAC Charges It Allowed Sanctioned Jurisdictions to Trade
Between 2014 and late 2017, Bittrex allowed around 1,800 people in sanctioned jurisdictions – including Iran, Cuba, Sudan, Syria and Crimea – to conduct more than 116,000 transactions worth roughly $2...
Hong Kong Refuses U.S. Calls To Seize Sanctioned Billionaire’s Docked Superyacht
Topline Hong Kong will not seize a superyacht linked to Russian billionaire Alexey Mordashov docked in its harbor, chief executive John Lee said on Tuesday, dismissing Western warnings that the city’s...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Coinotizia
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Regulation Bitcoin News
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
US Treasury Updates FAQ on Sanctioned Tornado Cash
US regulator said a specific license must be obtained from the Office of Foreign Assets Control (OAFC) and provide information in detail with necessary verification for those Tornado Cash’s users who ...
Stone Ridge Sanctioned a Plan for Liquidation of its Bitcoin Fund
Stone Ridge filed a notice with the U.S. SEC for liquidation of its bitcoin fund. The liquidation of the Bitcoin fund is expected to take place on or about October 21, 2022. Ross Stevens, CEO of Stone...
Coinbase Funds Lawsuit Against U.S. Treasury Over Sanctioned Tornado Cash Addresses
Leading U.S.-based crypto exchange Coinbase announced Thursday that it is funding a lawsuit by six individuals against the United States Treasury Department over the recent sanctions on Tornado Cash a...
MonoX Finance’s Hacker Starts Moving $31M Loot via Sanctioned Tornado Cash
The exploiter behind the hack of DeFi protocol MonoX has moved $2.1 million from the stolen $31 million to the recently sanctioned privacy network, Tornado Cash. Hacker Moves $2.1M According to data o...
North Korea Crypto Mixer Tornado Cash Sanctioned By U.S.
North Korea and the United States are once again going at each other’s throats in the name of cryptocurrency activity. This time, it looks like the U.S. has put sanctions in place against North Korea-...
Sanctioned Russian Bank Tests In-app Operations With Digital Rubles – Finance Bitcoin News
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the ins...
Tether Refuses To Freeze Sanctioned Tornado Cash Addresses
USD-backed stablecoin issuer Tether (USDT) has released a statement that it would not be freezing all Tornado Cash addresses that the U.S. Treasury has sanctioned. Tornado Cash Sanctions On Wednesd...
Tether says it won’t freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
On Wednesday, U.S. dollar stablecoin issuer Tether said that it would not freeze smart contract addresses sanctioned by the United States Office of Foreign Assets (OFAC) Control’s Specially Designated...
Tether Says It Will Not Freeze USDT in Sanctioned Tornado Cash Addresses
Stablecoin issuer Tether has revealed that it will not freeze USDT tokens in U.S.-sanctioned Tornado Cash addresses. The Hong Kong-based company noted that the USDT would only be frozen if the appropr...
Tether Hasn’t Sanctioned Tornado Cash Transfers, Unlike USDC
Tether – the issuer of USDT, the world’s largest stablecoin – is yet to freeze addresses associated with the privacy protocol Tornado Cash. That means USDT holders can still technically use the smart ...
Researchers Reupload Sanctioned Tornado Cash Code on GitHub
The US Office of Foreign Assets Control (OFAC)’s placement of popular crypto tumbler Tornado Cash as an entity on the Specially Designated Nationals (SDN) sanction list has raised many eyebrows. The s...
Sanctioned Mixers Used to Launder Axie Infinity Funds, Reveals SlowMist Researcher
Following the $620 million attack on Axie Infinity’s Ronin sidechain, one researcher has traced fund flows to sanctioned crypto mixers. The attackers used hacked private keys to make ETH and USDC with...
Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from ETH into BTC using renBTC and Bitcoin privacy tools Blender and ChipMixer. The hacker’...
Largest Ethereum Miner Stops Processing Sanctioned Transactions
Ethermine is no longer processing blocks that include Tornado Cash TORN Price at the time of writing – $9.36 Tornado Cash has legitimate uses and is a privacy tool at its core The desire for a decentr...
TRM Labs ‘does not engage in any’ blocking of sanctioned addresses, only provides ‘risk data’
TRMIn the wake of dusting attacks following the Tornado Cash sanction, TRM Labs issued a statement clarifying how DeFi platforms leverage its data to block affected wallet addresses. DeFi protocol Aav...
Tornado Cash Linked Sanctioned Addresses Blocked by Aave
Reputable ENS addresses apparently got 0.1 ETH from sanctioned addresses. A Tornado Cash developer was apprehended in the Netherlands yesterday. The Office of Foreign Assets Control (OFAC) of the Unit...
Oasis announces plan to block sanctioned wallet addresses
Oasis, a decentralized finance platform, is planning to start banning sanctioned wallet addresses from its platform. On Thursday, the Oasis Discord community said that sanctioned wallets would no long...