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Buy Cash , previously tied to wallets seized by Israel’s National Bureau for Counter Terrorist Financing in 2021, is accused of "having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Hamas," according to the Treasury. The business included
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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Thursday targeting two tanker owners involved in shipping Russian oil that exceeded the established price cap. In a recent development, oil prices saw a remarkable surge, rising by 4% earlier today, following the United States’ decision
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While North Korean hackers have mostly moved to other Bitcoin mixers, some illicit use of Tornado Cash continues, a report from TRM Labs says. Source
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Crypto exchanges in Estonia and Latvia reportedly helped Russians circumvent sanctions and convert rubles into other currencies. The investigation was conducted by Delfi (Estonia), Siena.lt (Lithuania), Frontstory.pl (Poland), Paper Trail Media, Der Spiegel and ZDF (Germany), Der Standard (Austria) and other European media. Journalists analyzed about 300 cryptocurrency companies registered in Estonia and found
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The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has sanctioned crypto wallets allegedly connected to individuals and companies involved in the production of fentanyl.In an Oct. 3 notice, the U.S. Justice Department announced indictments against several China-based chemical manufacturers as well as many
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As businesses in Iran seek new ways to bypass sanctions, the country has welcomed a decentralized crypto exchange and a non-custodial crypto wallet. According to TRM Labs, a blockchain intelligence company, Iran’s largest centralized crypto exchange, Nobitex launched two decentralized finance services in August 2023: Nobidex, a decentralized crypto exchange, and
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The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added a crypto wallet allegedly connected to a major international crime syndicate as part of its list of Specially Designated Nationals.In a Sept. 26 announcement, the U.S. Treasury said it had sanctioned 10 individuals,
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China is looking to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China Morning Post (SCMP). The usage of particle accelerators will help create new ways to produce a novel laser source. It is
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Binance, a renowned cryptocurrency exchange, is embroiled in controversy as recent reports suggest a possible helping hand to Russia amidst Western sanctions. The story unravels with connections to blacklisted Russian lenders, contradicting public statements, and the shifting regulatory landscape. As dawn breaks over the world of crypto, murmurs seep into daylight,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the largest crypto exchange by trading volumes, is accused of engaging with sanctioned companies in Russia. Binance on focus An Aug. 22 report from WSJ alleges that despite Binance’s assertion of compliance and non-engagement with sanctioned entities,
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