The sanctions came on the back of attempts by the US to restore the JCPOA, for which Iran is demanding some sanctions be lifted.
June 24, 2022To date, only the purchase of new issues has been prohibited, and trading in secondary markets has still been allowed.
June 13, 2022A newly unsealed federal court opinion supports the DOJ's first criminal prosecution involving the use of crypto for sanctions evasion.
May 20, 2022Foreign banks could fall under US sanctions if they provide material support to a person or entity sanctioned by the US.
May 18, 2022Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.
May 9, 2022New OFAC designations; US and UK bans on Russian access to professional services; New trade restrictions, vessel designations
May 9, 2022FIs are asked to bolster their CDD and file reports when suspicious transactions are observed involving play-to-earn games such as the recently-hacked Axie Infinity.
April 26, 2022OFAC designated Russian crypto miners and a bank offering sanctions evasion services. The UK sanctioned Russian generals and others supporting the military.
April 22, 2022OFAC has added a list of entities associated with Lazarus to its sanctions list, including a specific Ethereum wallet address associated with the attackers.
April 19, 2022Sanctions screening starts with effective KYC, says Refinitiv’s Neil Vaz, pointing to five “universal tools” crypto firms need to ensure compliance.
April 13, 2022