Crypto Addresses of ‘Hamas-Aligned’ Gaza Now Is Sanctioned by U.S, U.K.
Blockchain analytics firm Elliptic found that the online organization raised a mere $21,000 in crypto for Hamas since the October 7th attacks.
OFAC
U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System
The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.
U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
The U.S. and other governments are adding a number of Hamas-affiliated financiers to a global financial blacklist, the Treasury Department’s sanctions watchdog announced Monday.
Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter. Bitzlato was sanctioned by the U.S government in January.
Bitcoin’s Anti-Censorship Ethos Surfaces After Mining Pool F2Pool Acknowledges ‘Filter’
After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project’s co-founder.
Binance’s Busy Day, Kraken’s Second SEC Fight
Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng “CZ” Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies. Meanwhile, Kraken is facing a lawsuit from the U.S. Securities and Exchange Commission that echoes the SEC’s previous wave of suits.
Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges
The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities.
Tornado Cash Devs Are Caught in a U.S. Dragnet
Is there any justice in the U.S. government’s legal battle with Tornadoo Cash and its developers? (Steve Barker/Unsplash)
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury’s Authority
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service.
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said.