/ OFAC


Ransomware Revenue Dropped By 40% in 2022: Here’s Why
/ Blockchain, Policy

Ransomware Revenue Dropped By 40% in 2022: Here’s Why

Ransomware attacks were significantly less lucrative in 2022 compared to the year before.

January 20, 2023
Kraken Settles With OFAC Over Alleged Violation of Iran Sanctions

Kraken Settles With OFAC Over Alleged Violation of Iran Sanctions

Kraken agreed to pay more than $360,000 to settle with OFAC and invest another $100,000 to improve sanctions compliance controls.

November 28, 2022
Coin Center Sues Treasury and OFAC Over Tornado Cash Sanctions

Coin Center Sues Treasury and OFAC Over Tornado Cash Sanctions

After publishing a detailed analysis of the case in August, Coin Center finally filed its complaint over OFAC’s blacklisting of Tornado Cash.

October 12, 2022
OFAC Breaks Its Silence on Funds Locked With Tornado Cash

OFAC Breaks Its Silence on Funds Locked With Tornado Cash

The document also offers clarification on which interactions with Tornado Cash are, and which aren’t sanctionable.

September 13, 2022
Tornado Cash DAO Proposal Seeks Legal Fight Against US Sanctions

Tornado Cash DAO Proposal Seeks Legal Fight Against US Sanctions

Sanctions against Tornado Cash can have heavy implications for DeFi. Where does the crypto mixer go from here?

August 12, 2022