The Latest Breaking News from OFAC

Nicolás Maduro failed in his attempt to have his own cryptocurrency to "overcome the financial blockade"

SCG Plastics settles with U.S. Treasury for million over Iran sanctions violations, amid escalating tensions and additional sanctions on Iran.

CertiK revealed that OFAC-sanctioned Tornado Cash was still used by threat actors in most of the security incidents in crypto in the first three months of the year.

The Biden administration collaborates with the UK to announce indictments and sanctions against individuals tied to China's APT 31 hacking group.

According to the Treasury, the sanctions are related to Morales Urbina's conduct after the 2018 civil protests.

Analysis shows link between Copper Technologies and Jonatan Zimenkov, who was later hit with US sanctions over Ukraine invasion

The Treasury's OFAC has blacklisted 10 Bitcoin and Ether addresses that it said were linked to two LockBit-associated individuals.

The Treasury deputy secretary is laying out a new approach to the digital asset industry.

Sinbad.io is the third crypto mixer to be sanctioned by OFAC since May 2022.

From Monday's opinion by Judge T. Kent Wetherell, II (N.D. Fla.) in Coin Center v. Yellen (for a similar decision, see this August post about Van Loon v. Dep't of Treasury): Plaintiffs argue that [the government's restriction on the use of] Tornado Cash [a mechanism for further anonymizing cryptocurrency transactions]…

The NIA had registered the case on January 22, 2020, based on the original first information report (FIR) dated May 31, 2019.