The U.S. Treasury Department on Friday said it has added Blender, a virtual currency mixer, to the sanction list alleging its use by North Korea for cybercrime and money laundering. The U.S. has alleg...
Tag: sanctions
Here Are All The Sanctions Targeting Putin After EU Reportedly Plans Sanctions Against His Rumored Girlfriend
Topline The European Union will include the long-time suspected girlfriend of Russian President Vladimir Putin in its next round of sanctions, according to several outlets, the latest effort by the We...
A First For Crypto, U.S. Treasury Sanctions Mixer Blender IO
Flagged as a “significant threat” to the United States national security, Bitcoin mixer Blender.io has become the first crypto entity to be sanctioned by the Treasury Department. According to a press ...
US Accuses North Korea of Cyber Fraud, Sanctions Crypto Mixer, Blender
The United States has accused North Korea of using virtual currency mixer, Blender.io, to support its “malicious cyber activities and money-laundering of stolen virtual currency.” The US Department of...
Treasury Sanctions Crypto Mixer Over North Korean Attacks
Key Takeaways The Treasury Department’s Office of Foreign Assets Control has sanctioned the cryptocurrency mixer Blender. The Treasury said that North Korean hackers used Blender to launder $550...
100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions – Bitcoin News
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto...
US Issues New Sanctions Against Crypto Miners in Russia
The United States is imposing more sanctions on Russia for its alleged involvement in the Ukraine invasion. The country is now saying it will penalize all crypto miners who seek to assist Russia in ev...
Cuban residents turn to crypto in the face of U.S. sanctions and collapsing currency
After the Banco Central de Cuba (BCC), the nation’s central bank announced at the end of April that it would issue licenses for virtual asset service providers (VASPs), more has been made of the use o...
Crypto Sector Lobbies Against Bills Aiming Russian Oligarchs Averting Sanctions
Cryptocurrency sector is lobbying United States regulators against a couple of bills targeting at preventing Russian oligarchs from utilizing crypto assets. The United States and several other nations...
Crypto Industry Lobbies Against Bills Targeting Russian Oligarchs Evading Sanctions Using Cryptocurrency – Regulation Bitcoin News
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions ...
Is China In Decline?
TOPSHOT – A picture of Chinese President Xi Jinping is seen on a large screen during a Cultural … [+] Performance as part of the celebration of the 100th Anniversary of the Founding of the...
Europe Leads Bid To Cut Russian Oil Dependence By Lowering Speeds
lowering speed limits could significantly reduce dependence on imported oil and lower emissions and … [+] road crash deaths and injuries, according to the European Transport Safety Council. Gett...
Ethereum Co-founder Vitalik Buterin Not in Support of Sanctions on ‘Ordinary’ Citizens of Russia
According to Vitalik Buterin, there is no need to enforce visa bans or other actions against the average person in Russia. Ethereum (ETH) co-founder Vitalik Buterin recently expressed concern over the...
Two more charged with teaching North Koreans to evade US sanctions with crypto
A United States district court has charged two European citizens in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According to th...
Gazprom Cuts Gas Supplies To Poland And Bulgaria
Topline Russian energy giant Gazprom halted gas supplies to Poland and Bulgaria over their failure to pay for gas in rubles, the state-owned company announced on Wednesday, as the Kremlin retaliates a...
FinCEN Needs More Oversight But Congress Needs To Fix The Bank Secrecy Act
Natalie Edwards leaves Federal court Wednesday, Jan. 30, 2019, in New York. Edwards, a senior … [+] official at the department’s Financial Crimes Enforcement Network, also known as FinCEN,...
DOJ Charges Two Individuals for Allegedly Aiding Ethereum Developer in Helping North Korea Evade Sanctions
The U.S. Department of Justice (DOJ) is charging two Europeans with conspiracy to violate US sanctions on North Korea with former Ethereum developer Virgil Griffith. According to a new DOJ press relea...
The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
Apr 26, 2022 at 12:38 // News The Bank of Russia is continuing to test the Digital Ruble payment system and plans to involve more banks into the program in 2023. Chairwoman of the Central Bank E...
US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto – Featured Bitcoin News
Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced....
US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto – Coinotizia
Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced....
Chanel Opens Three Boutiques In April Following The Shuttering Of Russian Stores In March
The Chanel seasonal boutique in Bodrum, Turkey Photo Courtesy of Chanel While the war in Ukraine may have prompted Chanel to close its boutiques in Russia, it’s open store season elsewhere for t...
Two European Citizens Charged with Assisting North Korea to Evade U.S. Sanctions Using Cryptocurrencies
– Advertisement – U.S. authorities have indicted two European citizens for conniving with a sentenced cryptocurrency researcher to help North Korea evade United States’ sanctions. The two...
DoJ charges 2 Europeans with aiding DPRK to evade sanctions
TL;DR Breakdown The United States Department of Justice (DoJ) charges two Europeans with conspiracy to help North Korea evade sanctions. Alejandro and Christopher used cryptocurrency and blockchain te...
Axie Infinity Hackers Still Laundering The Theft Funds Amid US Sanctions
Last Month, Axie Infinity got Sniped by attackers who inflicted approximately $600 Million in damage. But apparently, the hackers are not yet done with their unethical acts. It is to look ...
Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions
Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury. According...
US crypto miner Compass selling $30 million of equipment in Russia to avoid sanctions: report
American crypto-mining outfit Compass Mining is selling off about $30 million worth of hardware in Siberia after the US government sanctioned rival BitRiver over its Russian operation, Bloomberg repor...
US Crypto Mining Company Plans to Sell $30M Worth Equipment in Russia to Dodge Sanctions
With the West leading the fight with sanctions, a US-based company – Compass Mining – is planning to sell around $30 million in Bitcoin mining equipment located in Siberia. The move to liquidate the B...
Ronin hack: Despite sanctions across levels, hacker continues to cash in the loot
Ronin Network, a cross-bridge chain that powers Axie Infinity, underwent one of the largest exploits. This resulted in a loss of 173,600 Ethereum and 25.5 million USDC, equivalent to more than $600 mi...
OFAC sanctions three more Ethereum addresses tied to $600 million Ronin attack
The US government is continuing to issue sanctions tied to last month’s headline-generating attack on Axie Infinity’s Ronin sidechain, which resulted in the theft of more than $600 million...