(Getty Images) Appeals court tosses sanctions on Tornado Cash crypto mixer The mixer was sanctioned after a North Korea hacking group used the software to launder more than $455 million. Nov 27, 2024 By Greg Otto
(Getty Images) Treasury Department sanctions entities tied to North Korean IT scams, hacking North Korea's use of malicious cyber activity to evade international sanctions has become a growing problem for U.S. national security. May 23, 2023 By Tonya Riley
Bitcoins on a conveyor belt. (Vector illustration) Report: Illicit cryptocurrency activity reached all-time high in 2022 A sharp increase in crypto-currency related sanctions resulted in far more crypto transactions being considered illicit. Jan 12, 2023 By Tonya Riley
(Michelle Lee / Flickr) Treasury fines virtual currency exchange Bittrex for failing to catch ransomware payments The virtual currency exchange based in Washington state failed to catch more than 100,000 transactions from sanctioned regions. Oct 11, 2022 By Tonya Riley
Students of the Pyongyang Jang Chol Gu University of Commerce watch footage on March 25, 2022, of the previous day’s launch of the Hwasong-17 missile — North Korea’s first ICBM test since 2017. (Photo by KIM WON JIN/AFP via Getty Images) Treasury updates Lazarus Group sanctions with digital currency address linked to Ronin Bridge hack The address received $600 million in Ethereum and other digital currency during the March attack, crypto-tracking company Chainalysis said. Apr 14, 2022 By Joe Warminsky
Rudy Giuliani, background, Donald Trump, foreground; wilkenson knaggs, Flickr US government sanctions more Ukrainians tied to Biden family smear It's an offensive against affiliates of Andrii Derkach, a member of Ukraine's parliament and a suspected Russian agent. Jan 11, 2021 By Tim Starks
(Getty Images) US advisory meant to clarify ransomware payments only spotlights widespread uncertainty Some worry that OFAC didn't anticipate a bilzzard of potential unindented consequences. Oct 13, 2020 By Tim Starks
Tehran. (Getty Images) Takedown of 92 Iran-owned domains includes 4 used for disinformation in US, feds say The Department of Justice said the four domains targeted at U.S. audiences — newsstand7.com, usjournal.net, usjournal.us and twtoday.net — were seized specifically under the Foreign Agents Registration… Oct 8, 2020 By Joe Warminsky
Cloudflare headquarters in San Francisco. (Getty Images) Cloudflare may have provided service to terrorists, drug traffickers in violation of U.S. sanctions The update to Cloudflare's regulatory filing comes just before the company's IPO on Sept. 13. Sep 11, 2019 By Jeff Stone