SANCTIONS
Blender is relaunched as Sinbad
Elliptic, a crypto risk management organization, hypothesized that Blender renamed to Sinbad to "earn confidence from users" and escape fines.
Allegations of fraud against Compass Mining after company cuts ties with Russian
Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.
U.S. sanctions: Customers suing Compass Mining
Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.
Ethereum is Getting Closed to Being Completely Censored Because of OFAC Regulations
Ethereum is becoming more compliant with OFAC sanctions per on-chain data
Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions
Since 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions
Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions
Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.
EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban
The European Union (EU) has updated its sanction on Russia, the 8th package, and this time, it unveils zero tolerance for crypto-related transactions.
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 military.
US Treasury Updates FAQ on Sanctioned Tornado Cash
The Treasury Department assured the public that no one will be prosecuted for sharing the codes of Tornado Cash and that they can be used in an educational setting.
UK Requests Crypto Exchanges to Report Suspected Sanction Breaches
The UK authorities have introduced the new rules in response to Russia’s invasion of Ukraine. The regulations cover all valuable digital assets.
Tornado Cash Community Fund Signatories Relinquish their Positions
The signatories to Tornado Cash's community funds have relinquished their role, automatically ceding control of the funds to the Decentralized Autonomous Organization (DAO).
Tornado Cash Developer Arrested by Dutch Authorities
The Dutch Fiscal Information and Investigation Service (FIOD) has arrested a suspect in connections to money laundering crimes on the crypto mixing platform, Tornado Cash
Tornado Cash Sees about 80% Deposit Decline following OFAC Sanctions: Report
In just about a week since the US Treasury Department’s Office of Foreign Assets Control placed a ban on the crypto mixer, Tornado Cash, the total deposits on the platform have plummeted remarkably.
Tornado Cash Now Placed Under US OFAC Sanctions
The United States Treasury Department has barred Tornado Cash from offering any form of transactions to individuals in the US.
Kraken Under Probe for Allegedly Violating US Sanctions on Iran
The US Treasury Department is investigating Kraken on suspicion that the crypto exchange allowed Iranian users to use its trading platform despite federal sanctions on the middle eastern country.