#OFAC

Highlights: OFAC added 134 crypto wallets linked to ISIS-K, including TRON and Monero addresses, to sanctions. Tether froze all 131 sanctioned TRON wallets, cutting off access to funds tied to ISIS-K. Chainalysis said the wallets received over $1.4 million and […]

Highlights: Two UK crypto exchanges aiding Iran’s financial network have been sanctioned by the US Treasury. Zedcex and Zedxion are alleged to have facilitated transitions for the IRGC. These sanctions signal stricter compliance measures for global crypto companies. The U.S. […]

Highlights: OFAC has removed Tornado Cash from the sanctions list after an earlier court ruling late last year. Authorities believe that the platform was used to launder cash stolen from different sources. TORN has surged in price after inactivity, and […]

Highlights: The U.S., Germany, and Finland seized Garantex’s servers and domains over money laundering and sanctions violations. Two administrators face charges for laundering money and operating an unlicensed money-transmitting business. Authorities froze $26 million in assets linked to Garantex’s illicit […]

Highlights: The U.S. has sanctioned an Iranian national for running a darknet site that was used to sell drugs. Authorities seized Nemesis and stopped over $30 million in illegal drug transactions. Parsarad reached out to former vendors to try to […]

Highlights: The court opposed the US Treasury’s sanctions on Tornado Cash, citing overreach of legal authority. Tornado Cash’s smart contracts can’t be blocked under the IEEPA, court rules. Tornado Cash native token jumps over 400% after legal victory. On November […]