BitPay to Pay $500K to Settle OFAC Sanction Violation Charges
BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations.
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Feb 18, 2021 at 3:45 p.m. UTC
Feb 18, 2021
OFAC
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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.
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Dec 11, 2020 at 1:23 p.m. UTC
Dec 11, 2020
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Ethereum Dev Virgil Griffith's Attorney Files Motion to Dismiss Charges of Aiding North Korea
The motion, filed by Brian Klein, claims the indictment of Griffith doesn't "specify any alleged overt facts," and contains no actual allegation of fact.
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Oct 26, 2020 at 12:48 a.m. UTC
Oct 26, 2020
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OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.
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Oct 5, 2020 at 12:34 p.m. UTC
Oct 5, 2020
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US Sanctions Two Russians Accused of Using Fraud to Steal Millions in Crypto
The pair is accused of having stolen $16.8 million from customers of three different crypto exchanges, including two in the U.S.
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Sep 16, 2020 at 5:02 p.m. UTC
Sep 16, 2020
US Treasury Sanctions Russians Using Crypto for Election Interference
The U.S. Treasury Department Office of Foreign Asset Control has added three Russian nationals and a host of cryptocurrency addresses to its sanctions list.
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Sep 10, 2020 at 5:02 p.m. UTC
Sep 10, 2020
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US Agency Says Chinese Drug Traffickers Used Bitcoin to Launder Proceeds
The U.S. Office of Foreign Asset Control has sanctioned four Chinese residents, claiming they helped launder drug proceeds using bitcoin.
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Jul 17, 2020 at 4:13 p.m. UTC
Jul 17, 2020
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USA v. Virgil Griffith: What We Know (and Don't) in the Bombshell Crypto Sanctions Case
Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say.
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Jan 31, 2020 at 8:35 a.m. UTC
Jan 31, 2020
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Bittrex Will Release Frozen Crypto to Former Users in Sanctioned Regimes
Crypto exchange Bittrex is looking to return crypto holdings to customers in sanctioned nations, but there are conditions.
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Nov 11, 2019 at 1:00 p.m. UTC
Nov 11, 2019
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US Treasury Blacklists Bitcoin, Litecoin Addresses of Chinese 'Drug Kingpins'
The U.S. Treasury's OFAC has put bitcoin and litecoin addresses of three Chinese nationals on its sanctions list, the second time the agency has blacklisted crypto wallets.
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Aug 21, 2019 at 5:53 p.m. UTC
Aug 21, 2019