News with the tag "OFAC"

The U.S. Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on the Russian cryptocurrency exchange Garantex, targeting its alleged involvement in illicit activities such as ransomware payments and cybercrime funding.

The US Treasury sanctioned a North Korean cyber actor for facilitating an illicit IT worker scheme and charged OmegaPro founders for a $650 million crypto scam.

The US Treasury announced sanctions targeting North Korea-backed IT individuals and entities involved in crypto theft and fake identity schemes, highlighting the growing threat of North Korea's cybercriminal activities in the crypto space.

A U.S. federal judge's ruling in the trial of Tornado Cash developer Roman Storm limits the use of OFAC sanctions as evidence, marking a significant moment for digital privacy and decentralized finance.

The U.S. Treasury Department sanctioned a North Korean IT worker linked to cyber espionage and crypto thefts, highlighting North Korea's use of IT workers to generate revenue through hacking and virtual currency industries.

The U.S. Treasury dropped its appeal against Tornado Cash, marking a historic victory for the crypto mixer and signaling a potential shift in regulatory approaches to decentralized privacy tools.

The US Department of the Treasury sanctions a Tron wallet linked to the Russian Aeza Group, which allegedly supports cybercriminal activities including ransomware and darknet markets.