One of the most popular crypto mixers, Tornado Cash, entered the payroll of risky websites according to the OFAC. According to reports, the crypto platform contributed more than $7B in laundering in 2...
Tag: sanctions
Erik Voorhees urges MakerDAO community to exit USDC positions after Tornado Cash sanctions
Shapeshift CEO and founder Erik Voorhees recommended the MakerDAO community take precautionary measures after the U.S. Treasury sanctioned Tornado Cash. Specifically, Voorhees advised MakerDAO users t...
Tornado Cash co-founder reports being kicked off GitHub as industry reacts to sanctions
Roman Semenov, one of the co-founders of Tornado Cash, has reported his account was suspended at the developer platform, GitHub, following the United States Treasury Department’s sanctioning of ...
Tornado Cash Now Placed Under US OFAC Sanctions
The United States Treasury Department has sanctioned one of the world’s most popular crypto mixing platforms, Tornado Cash. According to the sanctions, the crypto mixer has been barred by the go...
US Treasury sanctions USDC and ETH addresses connected to Tornado Cash
The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the Specially Designated Nationals list of the Office o...
Tornado Cash Sanctions Have Companies Stepping Back From Users
The US Treasury Department sanctioned Tornado Cash and related wallets Monday, prompting some companies to suspend accounts and freeze assets Roman Semenov, one of the three founders of Tornado Cash, ...
Circle, GitHub Comply With Tornado Cash Sanctions
Key Takeaways Circle and GitHub are enforcing sanctions against Tornado Cash introduced by the U.S. Treasury earlier today. Circle has blacklisted the relevant addresses, while GitHub has suspended th...
US Treasury Department Sanctions Crypto Mixing Service Tornado Cash
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash. According to the department, the mixing service has been responsible for $7 billi...
US Treasury Sanctions Another Crypto Mixer
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the on-chain privacy network and Ethereum-based cryptocurrency mixer, Tornado Cash, making it the seco...
U.S. Treasury Sanctions Tornado Cash Addresses
The Office of Foreign Assets Control (“OFAC”) of the United States Department of the Treasury has added addresses belonging to the Ethereum-based privacy protocol, Tornado Cash, to its sanction list. ...
US Treasury Sanctions Crypto Mixing Service Tornado Cash
Tornado cash is now on the Treasury’s list of services US individuals cannot use The sanctions come as money moved via crypto mixing services increased in 2022 In its first on-chain decentralized fina...
Treasury Sanctions Ethereum-Based Tornado Cash For Allegedly Helping To Launder More Than $7 Billion
Topline The Treasury Department on Monday sanctioned a cryptocurrency firm with ties to a North Korea state-sponsored hacking group for allegedly facilitating malicious laundering—marking the latest r...
U.S. Treasury Sanctions Ethereum Mixing Tool Tornado Cash
Key Takeaways The U.S. Treasury Department has sanctioned Tornado Cash’s website and smart contracts. A statement said that the protocol had “failed to impose effective controls” to ...
Putin’s Rumored Girlfriend Alina Kabaeva Hit With U.S. Sanctions
Topline The U.S. Treasury on Tuesday announced sanctions against Alina Kabaeva, the head of a pro-Kremlin media holding company, who has for years been rumored to be Russian President Vladimir Putin’s...
Pro-Russia Groups Evaded Sanctions With Over $2M Crypto Donations
American blockchain analysis firm, Chainalysis, has released a detailed report on how over $2 million in cryptocurrency donations have been used to fund the Russian-wing of the war in Ukraine It was d...
Kraken Under Investigation for Allegedly Violating US Sanctions – crypto.news
Cryptocurrency exchange giant Kraken has reportedly come under federal investigation by the Treasury Department’s Office of Foreign Assets Control (OFAC), on the suspicion that the exchange offered se...
Treasury Investigating Kraken for Alleged Iran Sanctions Violations: Report
The U.S. Treasury Department’s Office of Foreign Assets Control is investigating cryptocurrency exchange Kraken for allegedly violating economic sanctions against Iran, according to the New York Times...
Crypto exchange Kraken under investigation for violating US sanctions: NYT
The US Treasury Department has been investigating Kraken since 2019 and is expected to impose a fine on the cryptocurrency exchange, according to a New York Times report. The firm may have violated US...
Crypto Exchange Kraken Reportedly Under Investigations For Sanctions Breach
Kraken is among the world’s largest cryptocurrency exchanges which is currently undergoing a federal investigation. The crypto exchange has been suspected of violating U.S sanctions by allowing users ...
Kraken is under investigation in the US for violating Iran sanctions
Kraken, one of the leading cryptocurrency exchanges in the US by trading volumes, is under investigation. The investigations being conducted by the US Treasury Department have been launched over Krake...
Kraken Under Probe for Allegedly Violating US Sanctions on Iran
Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to purchase and sell digital tokens, the New York Times ...
Kraken Crypto Exchange Under Investigation for Alleged Sanctions Violations
The New York Times reports that Kraken is under investigation by the United States Treasury’s Office of Foreign Assets Control for violating sanctions. The department is investigating whether users in...
Kraken Under Investigation for Alleged Sanctions Violations
Kraken allegedly allowed Iranian users onto the platform Jesse Powell has been vocal about his willingness to challenge regulations Treasury Department was likely to impose a fine against the exchange...
Like Binance, Kraken likely skirted sanctions to serve customers in Iran
According to sources at Kraken, the crypto exchange is under investigation by the US Treasury for potentially violating sanctions in Iran. The Treasury’s Office of Foreign Assets Control (OFAC) probe ...
After Binance, US Crypto Exchange Kraken Evaded Sanctions On Iran
After it was found earlier that Binance flouted US sanctions on Iran, another exchange was found to have repeated it. Binance continued trading service for its clients in Iran despite US sanctions, it...
US gov’t suspects Kraken of violating sanctions
Kraken has become the biggest cryptocurrency exchange in the United States to face enforcement action from the Treasury Department’s Office of Foreign Assets Control (OFAC). Kraken allegedly served us...
Crypto exchange Kraken investigated over suspicion of violating sanctions
Kraken, one of the largest crypto exchanges in the world, is being investigated by the U.S. Treasury Department for suspected sanctions violations, which included allowing Iranians and others to trans...
Kraken Under Investigation for Sanctions Violation: Report
Kraken – a popular US cryptocurrency exchange – is reportedly being investigated by the Treasury Department for allegedly servicing sanctioned Iranian users. The department is expected to levy a fine ...
Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions – Bitcoin News
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the m...
Kraken Under Investigation for Alleged Sanctions Violations: Report
In February, after the Russian invasion of Ukraine, Powell pushed back against calls to freeze the accounts of Kraken’s Russian users, tweeting: “Our mission at [Kraken] is to bridge individual humans...
Far from Putin’s claims of resilience, Russian economy is being hammered by sanctions and exodus of international companies, Yale report finds
Media reports trumpeting the resilience of the Russian economy in the face of the international response to its invasion of neighboring Ukraine are based on misunderstandings that don’t reflect what’s...