Tornado Cash is experiencing a significant drop in activity following the sanctions by the U.S. Treasury. The number of unique users and weekly deposits and withdrawals have both fallen. Tornado Cash ...
Tag: sanctions
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils – Bitcoin News
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come a...
Friday, September 30. Russia’s War On Ukraine: News And Information
In this image released by the Police Press Service, the view from a drone shows the site of a … [+] Russian rocket attack in Zaporizhzhia, Ukraine, Friday, Sept. 30, 2022. A Russian strike on th...
How to Stop Illegal Activity on Tornado Cash (Without Using Sanctions)
Coin Center, a Washington, D.C., nonprofit that advocates for decentralized computing technologies, argued that OFAC had overstepped its authority. According to its rules, OFAC can only target entitie...
25% of ETH Blocks comply with US Sanctions, are able to censor Transactions –
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How Russia’s CBDC might allow it to evade sanctions, trade with China
On 26 September, the United Kingdom announced a new package of sanctions against Russia. This round contains 92 sanctions, in response to referendums held by Russia in Ukraine following its controvers...
Tornado Cash Sanctions Reveal the Need for Decentralization Tools
Tornado Cash saga: The story wrapped around the US Treasury Department’s actions to shut down Tornado Cash still has legs and probably still a few twists and turns to take, according to John Shutt and...
crypto to circumvent sanctions- The Cryptonomist
Moscow and Bitcoin have a long-standing relationship; the Russian government (Bitcoin was born in 2008 when Vladimir Putin had already been at the country’s helm for 9 years) has often changed its opi...
Can Russia evade sanctions with international crypto settlements 1
Russia has been making moves over the last few months to legalize a framework that will see residents of the country offset international payments with crypto. However, there is a growing negative per...
Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say – Finance Bitcoin News
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has b...
Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted – Coinotizia
Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Vene...
Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted – Economics Bitcoin News
Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Vene...
Suspicious Fund Transfers On Tornado Cash Still Active Despite OFAC Sanctions
Crypto security firm CertiK on Saturday said the firm has detected a suspicious fund transfer worth $2.4 million into crypto mixer Tornado Cash. It reports the fund transfer is likely related to the $...
Russian Oil Sanctions Back on the Table Amid Protests in Moscow and Rumors of One Million to be Mobelized – Trustnodes
Europe is moving to put a price cap on Russian oil amid protests in Moscow against the war while rumors are now circulating Russia’s president Vladimir Putin has ordered the mobilization of one millio...
US Warns Putin Could Use Crypto To Evade Sanctions
US Warns Putin Could Use Crypto To Evade SanctionsSeptember 21, 2022US Treasury warns Russia could use crypto to evade sanctions.US is worried that Russia could use cryptocurrencies to evade economic ...
US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions
Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could help streng...
Treasury Official Insists Crypto Mixers Can Obstruct Russian Sanctions
Russia is reportedly drafting crypto regulations after international restrictions The Treasury has identified more than 20 Russian entities attempting to evade sanctions using crypto Imposing sanction...
Sanctions against crypto mixers can deter financial crimes
Sanctions against cryptocurrency mixers like Tornado Cash can strengthen the United States’ sanctions regime against Russia and other illicit actors, and can serve as a deterrent to criminals that wou...
TRM Labs confirms “Tornado Cash is different” in response to OFAC sanctions
Watch this exclusive interview with TRM Labs for a deep dive into how major DEXs dealt with OFAC sanctions within the crypto ecosystem. TRM Labs is a blockchain intelligence company that helps detect ...
US Puts Various Sanctions On Hacking Group Connected To IRGC
Multiple sanctions were imposed as a result of the accused’s ransomware operations in a recent action taken by the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury. T...
US Sanctions IRGC-Affiliated Hackers on Ransomware Charges
In a new move carried out by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), multiple sanctions were handed out due to the accused’s ransomware activities. Ten Individuals...
US Treasury Sanctions Crypto Addresses Tied With Neo-Nazi Russian Group
The United States Treasury Department added five cryptocurrency addresses to its sanctions blacklist. All wallets are connected to the Russian neo-Nazi paramilitary group – Task Force Rusich – that ha...
Crypto Miners From US, EU Stay Put in Russia Despite War, Sanctions
This capacity, comparable to BitRiver’s, is in high demand among clients from Germany, the U.K., the U.S., Canada, Iran, Japan, New Zealand and other countries as well as local Russian miners, said ME...
U.S. Treasury sanctions neo-Nazi Russian wallet addresses
The U.S. Treasury’s Office of Foreign Assets Control sanctioned digital currency addresses associated with a Russian military task force. The sanctioned addresses included BTC, ETH and USDT that...
Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions
The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is imposing a ban on five crypto addresses linked to a Russian neo-Nazi paramilitary group. The group known as Task Force Rusich w...
U.S OFAC Sanctions Wallet Addresses of Ransomware Group
5 hours ago | 2 mins read Bitcoin News A rural electric utility company, a children’s hospital, and others are among the sanctions. The suspected attackers and their firms have been added to OFAC’s sa...
U.S. Treasury Sanctions Russian Paramilitary Group’s Crypto Wallets
Key Takeaways The U.S. Treasury has sanctioned several crypto addresses tied to Task Force Rusich, a Russian paramilitary group. Five addresses belonging to the group were sanctioned; those addresses ...
U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware
The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and companies in the United States by adding associated persons ...
US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses
The United States Treasury Department’s Office of Foreign Asset Control has added 10 individuals, 2 entities, and several crypto addresses allegedly tied to an Iranian ransomware group to its list of ...
US Treasury Imposes Sanctions on Iranian-Linked Ransomware Gang
The United States Treasury Department, through the Office of Foreign Asset Control (OFAC), has updated its sanctions list with new targets focusing on ransomware gangs affiliated with the Iranian mili...
Treasury Sanctions Iranian Hackers And Bitcoin Addresses
Per an update from the U.S. Department of the Treasury, several Iranian nationals and their Bitcoin addresses have been sanctioned. An official release mentions Ahmad Khatibi Aghada, Amir Hossein Nika...