Bitcoin News / Bitcoinist - 2 years ago
The U.S. Department of the Treasury last week connected North Korean hacking organization Lazarus to an ETH wallet used in last month’s $622 million Ronin Network hack, a sidechain established for the play-to-earn game Axie Infinity.
Now, the T...
Cryptocoins News / The Cointelegraph - 2 years ago
The United States Treasury Department has added three Ethereum wallet addresses to sanctions allegedly linked to the hacker group responsible for the theft of more than $600 million in crypto from nonfungible token game Axie Infinity’s Ronin sidechai...
Bitcoin News / Bitcoin.com - 2 years ago
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to foll...
Bitcoin News / Bitcoinist - 2 years ago
The world’s biggest crypto exchange by trading volume, Binance, will deactivate the accounts of its Russian users, cutting its services in Russia as part of the EU compliance, the company said on Thursday.
The exchange announced that Russian na...
Cryptocoins News / NewsBTC - 2 years ago
Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that it is taking action against virtual currency mining companies across Russia. This information came out when IMF i...
Cryptocoins Exchanges / Binance - 2 years ago
In light of the European Union's (EU) new sanctions against Russia, Binance, the largest crypto exchange by trading volumes over the likes of Coinbase and Tycoon, announced on Thursday that it is banning services for Russian individuals with cryp...
Bitcoin News / Bitcoinist - 2 years ago
The International Monetary Fund (IMF) remains wary of a possible scenario where countries like Russia and Iran may use crypto mining to avoid sanctions. In the global financial stability report by IMF, the monetary institution expressed concerns rega...
Bitcoin News / Bitcoin.com - 2 years ago
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital c...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance, the world’s largest cryptocurrency exchange by volume, is adopting major restrictions on users in Russia following the European Union’s fifth package of sanctions against Russia.Binance officially announced Thursday new limitations for Russi...
Cryptocoins News / Blockchain - 2 years ago
The United States announced that it has added Bitriver, a Russian cryptocurrency mining firm, to its sanctions list.
The latest movement is part of the US ongoing efforts to block Russian companies from accessing the global financial network amid...
Bitcoin News / Bitcoinist - 2 years ago
The US Department of the Treasury is targeting companies, oligarchs, and bitcoin miners operating in Russia for the first time ever as the country’s conflict on Ukraine enters its third month.
Treasury officials announced Thursday that the depa...
Cryptocoins News / The Cointelegraph - 2 years ago
The United States Treasury Department has added Russia-based crypto mining services provider BitRiver and several subsidiaries as firms facilitating the evasion of sanctions. In a Wednesday announcement, the Treasury Department’s Office of Foreign As...
Bitcoin News / Bitcoin.com - 2 years ago
A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applicatio...
by COINS NEWS - 2 years ago
TD Bank, N.A. agreed to pay approximately $105,000 as part of a settlement with the U.S. Treasury’s Office of Foreign Assets Control (OFAC) for “multiple sanctions compliance breakdowns” that contributed to more than 1,000 apparent violations of Nor...
Cryptocoins News / Blockchain - 2 years ago
The strong hands of the law have been stretched to Virgil Griffith, an American national and one of the Ethereum core programmers, who is to 63 months in jail by U.S. District Judge P. Kevin Castel for helping individuals in the Democratic People’...
Cryptocoins News / The Cointelegraph - 2 years ago
Virgil Griffith, a former Ethereum developer, has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea to use blockchain technology in contravention of economic sanctions imposed b...