OFAC

Binance and CEO Changpeng Zhao Plead Guilty to Money Laundering in $4.3 Billion DOJ Settlement

2023-11-21 00:00:00 +0000 UTC | Importance: 10/10

Binance Holdings Limited, the world’s largest cryptocurrency exchange, pleaded guilty to conspiracy to violate the Bank Secrecy Act, failure to register as a money transmitting business, and violating the International Emergency Economic Powers Act in the largest corporate criminal penalty in …

Changpeng Zhao Binance Department of Justice Merrick Garland Lisa Monaco +5 more crypto regulatory-capture money-laundering fraud sanctions-violations +4 more

Treasury Sanctions Tornado Cash with Chainalysis Providing Analysis

2022-08-08 00:00:00 +0000 UTC | Importance: 9/10

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctions Tornado Cash, adding the decentralized cryptocurrency mixer to the Specially Designated Nationals (SDN) List with multiple cryptocurrency addresses as identifiers. This landmark action marks the first time OFAC has …

OFAC Tornado Cash Chainalysis Lazarus Group U.S. Treasury surveillance cryptocurrency sanctions privacy ofac +1 more

Tornado Cash Integrates Chainalysis Tool to Block OFAC-Sanctioned Addresses

2022-04-15 00:00:00 +0000 UTC | Importance: 7/10

Tornado Cash, the decentralized cryptocurrency mixer designed to enhance transaction privacy, integrates Chainalysis’s oracle contract to block OFAC-sanctioned addresses from accessing the dapp. This controversial move represents a significant compromise of the privacy tool’s core …

Tornado Cash Chainalysis OFAC surveillance cryptocurrency sanctions privacy ofac