US OFAC officials report millions of dollars in cryptocurrency money laundering, leading to frozen funds.
The U.S. Treasury's OFAC has sanctioned five individuals for aiding wealthy Russians in evading international sanctions through a money laundering operation.
The Trump administration is unlikely to change its approach towards Tornado Cash despite calls for reform in handling crypto mixer incidents.
The Fifth Circuit Court of Appeals ruled against the US Treasury, stating that crypto mixer Tornado Cash's smart contracts cannot be classified as "property," marking a significant win for crypto.
The U.S. court ruled against OFAC's sanctions on Tornado Cash, impacting the regulation of blockchain and cryptocurrency smart contracts.
The US appeals court ruled that OFAC exceeded its authority in Tornado Cash sanctions. WalletConnect launched its first airdrop season.
The appeals court found Treasury's sanctions on Tornado Cash's smart contracts unlawful, as they are not "property" under IEEPA. This decision reversed a Texas federal court's ruling and caused TORN's token price to surge by nearly 900%.
TORN's price surged following a court decision to overturn OFAC sanctions, marking a significant win for the crypto community against traditional regulatory measures.
The Fifth Circuit has ruled that the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, reversing a lower court decision. This outcome is a victory for privacy advocates and blockchain developers desiring legal clarity.
A U.S. appeals court has ruled against OFAC's sanctions on Tornado Cash smart contracts, allowing their use again.
A U.S. appeals court overturned OFAC's sanctions on Tornado Cash, supporting the validity of smart contracts.
A US appeals court ruled that the Treasury's OFAC exceeded its authority by sanctioning Tornado Cash's smart contracts.
U.S. sanctions Cambodian Senator Ly Yong Phat over cryptocurrency scam operations using trafficked labor.
Blockchain analyst ZachXBT uncovers a North Korean crypto network involved in laundering Solana and Ethereum, linked to individuals sanctioned by authorities like OFAC.
New York Federal Reserve staff report concludes Ethereum is vulnerable to censorship and cooperation, especially post-Tornado Cash sanctions.
The article examines how cryptocurrencies intersect with disinformation, focusing on OFAC sanctions, on-chain activity, and available investigative resources.
President Bukele of El Salvador eliminates import taxes for a decade, while Argentina sets new rules for cryptocurrency asset regularization. Meanwhile, OFAC sanctions Venezuelan gang Tren de Aragua.
El grupo criminal venezolano Tren De Aragua ha sido sancionado por OFAC por presunto lavado de dinero con criptomonedas.
The US Treasury's OFAC has sanctioned crypto addresses tied to Russian drone maker OKO Design Bureau, potentially affecting Bitcoin and Ethereum markets.
The US Treasury's Office of Foreign Assets Control (OFAC) sanctioned three crypto addresses associated with a developer from OKO Design Bureau, a Russian drone manufacturer.
Venezuela's PDVSA is set to increase USDT use for payments, aiming to sidestep potential U.S. sanctions. Tether pledges to comply with OFAC requirements.
Tornado Cash sees a $1.9B resurgence in 2024 despite sanctions.
