Tag: ofac

Sep 23 2021

Binance Teamed Up With US Law Enforcement, Took Down Suspected Money Launderers

The story Binance is trying to sell sure is juicy. A little too convenient, considering the year the company’s had, but hey… Binance is be facing criminal investigations in the US, the UK, and Japan among others. This time, however, they proved that they want to “be the industry leader” and not just the world’s biggest crypto exchange....

Sep 21 2021

May 28 2021

OFAC Requests Chainalysis Subscription For Bitcoin Blockchain Surveillance

The U.S. Office of Foreign Assets Control wants a renewed subscription to Chainalysis blockchain surveillance tools for monitoring Bitcoin.The Office of Foreign Assets Control (OFAC), a financial intelligence and enforcement agency within the U.S. Treasury Department, has requested a second subscription to license, training and support packages from blockchain analysis firm Chainalysis, according to a...

Feb 18 2021

BitPay to Pay $500K to Settle OFAC Sanction Violation Charges

Feb 18 2021 Published at CoinDesk under tags  bitpay news ofac policy & regulation sanctions

BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations.

Dec 11 2020

Virgil Griffith Still Doesn’t Know What Exact Crimes He Is Accused of, Attorneys Say

Attorneys for Virgil Griffith want the U.S. government to specify the charges he’s facing, rather than a broad claim that he violated U.S. sanctions.

Know a good blog/source that is not listed? Contact us or fill the form below to add one: