OFAC
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.
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.
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.
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.
Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement
U.S. Treasury Department Under Secretary Sigal Mandelker called for global efforts to police malicious actors' use of cryptocurrencies.
Get Ready for Crypto Sanctions Enforcement
Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.
US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot
For the first time, the U.S. Treasury Department is adding crypto addresses to its list of Specially Designated Nationals.
The Crypto Community Must Use the Blockchain to Self-Police
The everyday crypto user in the future is likely to spend time identifying illicit wallets and transactions to avoid, thanks to the U.S. Treasury.
OFAC's Bitcoin Blacklist Could Change Crypto
With just one paragraph, an agency of the U.S. government may have just radically altered the dynamics of the cryptocurrency ecosystem.
US Could Put Crypto Wallets on OFAC Sanctions List
The Treasury Department may start publishing wallet addresses along with the names of people and organizations with whom it forbids doing business.
