Tether froze more than $344 million in USDT across two blockchain addresses on April 23, 2026, acting on information shared by U.S. authorities tied to unlawful conduct. Key Takeaways: Tether froze $344 million in USDT on April 23, 2026, in coordination with OFAC and U.S. law enforcement. Tether has supported over 2,300 global cases, freezing […]
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Ethereum block builders Beaverbuild and Titan Builder have made around 88% of the blockchain’s blocks in recent weeks, and now BuilderNet aims to disrupt that.
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A US appeals court ruled the Treasury’s OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash’s smart contracts.
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The Coin Center lawsuit, first filed in 2022, noted that one plaintiff used Tornado Cash to protect his identity while donating money.
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Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.
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The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor for these schemes. The sanctions freeze U.S.-based assets and prohibit transactions, […]
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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela, highlighting one of its most significant traits: uncensorability. Latam Insights Encore: Venezuelan Situation Shows Bitcoin’s Utility […]
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Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele eliminated import taxes for basic products for a decade in El Salvador, Argentina defined rules for regularizing cryptocurrency assets, and OFAC sanctioned the Venezuelan gang Tren de Aragua. President Bukele […]
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Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational organization engaging in kidnapping, human trafficking, extortion, and other illegal behavior. The U.S. Department of the Treasury also stated that the organization had used cryptocurrency to launder the proceedings of their activities to some extent. OFAC […]
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