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U.S. Treasury and the Financial Crimes Enforcement Network

U.S. Treasury and FinCEN Hit Crypto Exchange Bittrex With $53,000,000 in Fines for Two Offences

U.S. Treasury and FinCEN Hit Crypto Exchange Bittrex With ,000,000 in Fines for Two Offences

Crypto exchange Bittrex is settling with the U.S. Treasury and the Financial Crimes Enforcement Network (FinCEN) to the tune of $53 million. According to a press release, the Treasury’s Office of Foreign Assets Control (OFAC) and FinCEN have charged Bittrex with violating sanctions and anti-money laundering (AML) obligations. Bittrex faces fines of $24 million from […]

The post U.S. Treasury and FinCEN Hit Crypto Exchange Bittrex With $53,000,000 in Fines for Two Offences appeared first on The Daily Hodl.

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