Tags sanctions

Treasury sanctions virtual currency mixer Blender for money laundering

by Suzanne Smalley • 3 weeks ago

Blender was used to launder $20.5 million of the $620 million that the Treasury Department alleges North Korean hackers stole in March.

In a first, Treasury Department sanctions major cryptocurrency mining firm

by Tonya Riley • 1 month ago

Treasury: "By operating vast server farms that sell virtual currency mining capacity internationally, these companies help Russia monetize its natural resources."

Treasury updates Lazarus Group sanctions with digital currency address linked to Ronin Bridge hack

by Joe Warminsky • 1 month ago

The address received $600 million in Ethereum and other digital currency during the March attack, crypto-tracking company Chainalysis said.

A practical reason why crypto might not work for large-scale sanctions evasion

by Joe Warminsky • 1 month ago

According to crypto-tracking company Chainalysis, the markets probably couldn't handle it without prices tanking.

Treasury sanctions Russian research center blamed for Trisis malware

by Joe Warminsky • 2 months ago

The list also includes Evgeny Viktorovich Gladkikh, the researcher indicted for creating the malware, which targets industrial control systems.

Lawmakers, experts debate whether fears about evasion of cryptocurrency sanctions are overblown

by Tonya Riley • 2 months ago

Fear abounds that Russia will use cryptocurrency to skirt U.S. sanctions imposed in response to the invasion of Ukraine.