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Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company

The Daily Hodl
Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company
Daily Hodl
Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) says it is dismantling North Korea’s digital asset money laundering network by taking action against individuals and entities involved in the operation. In a statement, the OFAC says it is sanctioning Chinese nationals Lu Huaying and Zhang Jian who worked for the network that used […]

The post Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

US Treasury Takes Action Against Five Individuals Who Allegedly Used USDT To Evade Sanctions for Russian Elites

The Daily Hodl
US Treasury Takes Action Against Five Individuals Who Allegedly Used USDT To Evade Sanctions for Russian Elites
Daily Hodl
US Treasury Takes Action Against Five Individuals Who Allegedly Used USDT To Evade Sanctions for Russian Elites

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) is holding accountable five individuals linked to a money laundering network that enabled Russian elites to circumvent international sanctions. In a statement, the Treasury Department says it is imposing sanctions on those associated with the TGR Group, which uses digital assets, including the US dollar-pegged […]

The post US Treasury Takes Action Against Five Individuals Who Allegedly Used USDT To Evade Sanctions for Russian Elites appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions

The Daily Hodl
U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions
crypto
U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions

The US Government has named entities and individuals allegedly responsible for providing crypto products and services that aided in the evasion of sanctions on Russia. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) says that it has “sanctioned thirteen entities and two individuals for operating in the financial services and technology […]

The post U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions

The Daily Hodl
US Government Slaps ,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions
California
US Government Slaps ,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions

A San Francisco-based crypto exchange has reached an agreement with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to settle its potential civil liability for violating US sanctions related to Russia and Ukraine. In a new enforcement release, the OFAC says that CoinList Markets (CLM) has agreed to pay over $1.2 million as […]

The post US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’

The Daily Hodl
Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’
Blockchain
Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’

Blockchain Association, a nonprofit group dedicated to crypto advocacy, is filing a second amicus brief in support of the banned crypto mixer Tornado Cash. In a new announcement, the group says it is filing an amicus brief in favor of Coin Center’s lawsuit against the Office of Foreign Asset Control (OFAC), arguing that the regulatory […]

The post Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’ appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing

The Daily Hodl
Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing
Blockchain
Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing

A nonprofit organization dedicated to crypto advocacy is filing an amicus brief in support of the banned crypto mixer Tornado Cash. In a new announcement, the Blockchain Association says that it has filed an amicus brief in the Office of Foreign Assets Control’s (OFAC) lawsuit against Tornado Cash, saying that the token mixer is “simply […]

The post Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations

Bitcoin.com
Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations
bitcoin.com
Crypto Exchange Kraken Settles With Treasury Department Over Sanctions ViolationsCrypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed to remit $362,159 to settle its potential civil liability and invest an additional $100,000 in certain sanctions compliance controls. Kraken Settles With OFAC The […]
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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans

The Daily Hodl
Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans
Coin Center
Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans

A cryptocurrency-focused advocacy group is challenging the validity of the US sanction against crypto mixing service Tornado Cash. On August 8th, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a ban on Tornado Cash citing that the protocol is used in illicit activities such as money laundering and terrorism. The non-profit group […]

The post Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions

The Daily Hodl
Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions
Bitcoin
Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions

The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is imposing a ban on five crypto addresses linked to a Russian neo-Nazi paramilitary group. The group known as Task Force Rusich was added to OFAC’s Specially Designated Nationals and Blocked Persons List (SDN) along with 22 individuals and entities for facilitating the geopolitical conflict […]

The post Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware

The Daily Hodl
U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware
Bitcoin
U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware

The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and companies in the United States by adding associated persons and their properties to the Specially Designated Nationals and Blocked Persons List (SDN). In a statement, the Treasury Department says that it is sanctioning the ransomware […]

The post U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware appeared first on The Daily Hodl.

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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

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