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Home > ICO > Biden Administration Sanctions Crypto Exchange Chatex Over Ransomware Allegations

Biden Administration Sanctions Crypto Exchange Chatex Over Ransomware Allegations

It is the second time that the U.S. Treasury Department has sanctioned a crypto exchange. Chatex “has facilitated transactions for multiple ransomware variants” and has provided “material support” to crypto over-the-counter exchange Suex, which is also associated with ransomware, the press release said.

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