OFAC Sanctions – DIGIT INFO

Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash

DIGIT — Mon, 27 Feb 2023 06:00:43 +0000

Despite the sanctions on the crypto mixing service, the bad actors behind January’s biggest exploit have deposited millions worth of funds into Tornado Cash.

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Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say ‘There Are Many Legitimate Reasons to Seek Financial Anonymity’

DIGIT — Fri, 12 Aug 2022 22:00:48 +0000

The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy advocates have spoken out against the actions the government has taken so far, and the nonprofit advocacy group Fight for the Future […]

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Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions

DIGIT — Tue, 26 Jul 2022 22:00:29 +0000

On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s accused of allowing users from sanctioned countries like Iran access to the […]

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