Sanctions

US Sanctions Bitcoin Address Belonging to Suspected Syria-Based Terrorist Fundraiser

According to the US Treasury Department, the suspect solicited donations for a militant group involved in the Syrian civil war.

News  ·  28 July 2021

Why It’s Tough to Send Aid Money to Palestine During the Latest Israel-Hamas Conflict

Banks in Israel and around the world are restricting business relationships with what they consider to be risky clients.

News  ·  21 May 2021
Central Banks

Iran Central Bank to Allow Money Changers, Banks to Pay for Imports Using Mined Crypto

The bank had previously stipulated only digital assets for import funding could be used by itself and no one else.

News  ·  27 April 2021
Russia

US Government Sanctions Crypto Addresses Linked to Russian Election Fraud Scheme

The move is part of a sweeping set of actions taken by the U.S. government against alleged Russian election interference.

News  ·  15 April 2021
DeFi

CipherTrace Wants to Introduce DEXs to Sanctions Compliance

The new tool uses an oracle on Chainlink to spot crypto wallet addresses on government watchlists.

News  ·  9 April 2021
Mining

Iran Should Mine Crypto to Skirt Sanctions, Says President-Linked Think Tank

Crypto income could benefit the economy and help bring foreign funds into the country, the think tank says.

Policy & regulation  ·  3 March 2021
BitPay

BitPay to Pay $500K to Settle OFAC Sanction Violation Charges

BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations.

News  ·  18 February 2021
BitGo

BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations

Bitgo failed to stop people in Cuba, Iran and Syria, among other sanctioned places, from using its non-custodial wallet service, the U.S. said.

Markets  ·  30 December 2020
North Korea

Ethereum Developer Virgil Griffith Will Likely Face Trial Next September

Ethereum developer Virgil Griffith is likely headed to trial on charges of violating international sanctions, after a Tuesday hearing which saw a federal judge clarify what's being argued.

Policy & regulation  ·  23 December 2020
Sanctions

Virgil Griffith Still Doesn’t Know What Exact Crimes He Is Accused of, Attorneys Say

Attorneys for Virgil Griffith want the U.S. government to specify the charges he’s facing rather than a broad claim that he violated U.S. sanctions.

Policy & regulation  ·  11 December 2020
Cuba

Western Union Suspends US Dollar Transfers to Cuba

The move follows the latest sanction from the Trump administration.

Policy & regulation  ·  17 November 2020
North Korea

Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea

The motion, filed by Brian Klein, claims the indictment of Griffith doesn't "specify any alleged overt facts," and contains no actual allegation of fact.

Policy & regulation  ·  26 October 2020
CoinFlash

Prosecutors Detail Russians’ Crypto Phishing Scheme in Forfeiture Suit

The alleged hackers also manipulated NEO's Gas market with a $5 million crypto infusion.

News  ·  17 September 2020
CoinFlash

US Sanctions Two Russians Accused of Using Fraud to Steal Millions in Crypto

The pair is accused of having stolen $16.8 million from customers of three different crypto exchanges, including two in the U.S.

News  ·  16 September 2020
Election 2020

US Treasury Sanctions Russians Using Crypto for Election Interference

The U.S. Treasury Department Office of Foreign Asset Control has added three Russian nationals and a host of cryptocurrency addresses to its sanctions list.

News  ·  10 September 2020