Browsing Tag
OFAC
20 posts
OFAC targets Hezbollah-linked crypto financier to disrupt Iran’s terror funding
OFAC has sanctioned entities aiding IRGC-QF, Houthis, and Hezbollah, targeting financial networks, including Lebanese money exchanger Tawfiq Muhammad…
New Tether security policy sees 41 crypto wallets frozen
Tether stated the new policy will prevent sanctioned individuals and organizations present in OFAC’s SDN list.
U.S. Treasury sanctions a money launderer tied to Russian elites
OFAC targets Ekaterina Zhdanova for laundering over $100m via crypto, evading sanctions for Russian oligarchs and aiding ransomware…
WalletConnect complies with OFAC sanctions, geo-blocks Russia and parts of Ukraine
The web3 protocol said its decision followed legal guidance from the U.S. Treasury while debunking unverified reports of…
U.S. DOJ indicts eight Chinese firms for using crypto in fentanyl trade
The DOJ unveiled eight indictments against Chinese firms for fentanyl distribution. They may have used crypto to hide…
Lazarus group turns to Garantex to launder stolen assets
The Lazarus Group, known for its cybercriminal activities, has shifted its focus to Garantex, an OFAC-sanctioned exchange, to…
Poloniex settles sanctions violations allegations for $7.59m
Cryptocurrency exchange Poloniex has agreed to pay a $7.59 million settlement to the U.S. Treasury Department’s Office of…
US OFAC sanctions 5 individuals in China and Guatemala, bitcoin address blacklisted
On April 14, the US OFAC sanctioned five individuals and two companies based in China for supplying cartels in…
63% of Ethereum Transaction Blocks Comply with OFAC
A new report shows that 63 percent of all Ethereum transaction blocks comply with OFAC rules.
45% of ETH validators now complying with US sanctions — Labrys CEO
Labrys CEO Lachlan Feeney is trying to raise awareness among validators running Flashbots’ software that they may potentially…
