On Friday, the Office of Foreign Assets Control (OFAC) revealed that an Irish citizen played a role in assisting affluent Russians in evading sanctions and concealing funds in the United Arab Emirates (UAE).
Following the U.S. government's historic decision to make a smart contract illegal, there have been calls for decentralization, blacklists, and emergency preparations.
Tornado Cash is a collection of words that is probably protected by the First Amendment in the United States. It is not a business, a service, or a person.
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has announced its first-ever penalties against a crypto mixer. According to the Treasury Department, Lazarus Group used the mixing service to process criminal earnings from the $620 million crypto theft of the online game Axie Infinity.
Three ethereum addresses have been added to the Office of Foreign Asset Control's (OFAC) Specially Designated Nationals and Blocked Persons List (SDN). The Lazarus Outfit, a cybercrime group linked to North Korea, is said to be in charge of the ether addresses, according to OFAC.