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Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions

Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash TransactionsFollowing the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number of celebrities and organizations received 0.1 ether from the platform. […]

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OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M

OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding 7MOn August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code development, Github, erased some of the Tornado Cash commits and […]

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US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN List

US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN ListOn Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group. OFAC Sanctions Tornado Cash Mixing App OFAC has officially banned the Tornado Cash and […]

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Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions

Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC SanctionsOn Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s accused of allowing users from sanctioned countries like Iran access to the […]

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US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order

US Treasury Delivers Crypto Framework to Biden as Directed in Executive OrderThe U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in March. U.S. Treasury Secretary Delivers Crypto Framework to Biden The U.S. Department of the Treasury published a fact sheet titled “Framework for International Engagement […]

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SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation

SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent RegulationThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need for regulatory frameworks that mitigate the risks posed by digital assets. SEC Chair […]

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US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List

US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN ListThe Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie Infinity Heist The U.S. Treasury Department’s OFAC has added […]

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FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms

FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto FirmsOn April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S. government, law enforcement officials have observed North Korean cyber actors targeting specific blockchain companies in the industry. […]

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OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group

OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus GroupAccording to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit to the group of hackers and added the […]

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Deputy U.S. Treasury Secretary Issues Stark Warning To Crypto Exchanges Who Don’t Follow Russian Sanctions

A top-ranking U.S. official is issuing a warning to crypto exchange platforms that fail to comply with the sanctions placed on Russia. In a new interview with CNBC, Deputy U.S. Treasury Secretary Wally Adeyemo says that while Russia hasn’t yet had much success evading sanctions, US officials are on the lookout for entities who attempt […]

The post Deputy U.S. Treasury Secretary Issues Stark Warning To Crypto Exchanges Who Don’t Follow Russian Sanctions appeared first on The Daily Hodl.

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