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Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions

Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions

Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.

US Treasury Imposes Sanctions on Iranian-Linked Ransomware Gang

US Treasury Imposes Sanctions on Iranian-Linked Ransomware Gang

The United States Treasury Department through the Office of Foreign Asset Control (OFAC) has updated its sanctions list with new targets focusing on ransomware gangs affiliated with the Iranian military.

Flashbots Co-Founder Stephane Gosselin Resigns Following Disagreements with Colleagues

Flashbots Co-Founder Stephane Gosselin Resigns Following Disagreements with Colleagues

Gosselin’s departure has left a leadership hole at Flashbots.

Tornado Cash Sees about 80% Deposit Decline following OFAC Sanctions: Report

Tornado Cash Sees about 80% Deposit Decline following OFAC Sanctions: Report

In just about a week since the US Treasury Department’s Office of Foreign Assets Control placed a ban on the crypto mixer, Tornado Cash, the total deposits on the platform have plummeted remarkably.

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.

US Treasury Updates FAQ on Sanctioned Tornado Cash

US Treasury Updates FAQ on Sanctioned Tornado Cash

The Treasury Department assured the public that no one will be prosecuted for sharing the codes of Tornado Cash and that they can be used in an educational setting.

Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds

Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds

The hacker(s) who exploited Deribit Exchange have started laundering the stolen cash through Tornado Cash

New York Attorney General Recovers $1.7 Million from CoinEx for Operating Illegally

New York Attorney General Recovers $1.7 Million from CoinEx for Operating Illegally

New York Attorney General Letitia James has successfully recovered over $1.7 million from CoinEx (COINEX) following a lawsuit against the cryptocurrency platform. CoinEx was found to be operating without the necessary registration as a securities and commodities broker-dealer and falsely representing itself as a crypto exchange.

Former Synthetix Developer Creates Way To access Prohibited Apps Like Tornado Cash

Former Synthetix Developer Creates Way To access Prohibited Apps Like Tornado Cash

A former Synthetix developer named Liam Zebedee has introduced his newfound way of bypassing prohibited blockchain apps like Tornado Cash.

Singapore AGC Launches Tech and Crypto Crime Task Forces

Singapore AGC Launches Tech and Crypto Crime Task Forces

Singapore's Attorney-General's Chambers has established two specialized task forces to combat technology-enabled and technology-facilitated crimes. These units, formed this year, consist of around 20 prosecutors trained in handling digital evidence and understanding the nuances of tech-related criminal activities.

KuCoin to Pay $22 Million and Exit New York in Landmark Settlement

KuCoin to Pay $22 Million and Exit New York in Landmark Settlement

KuCoin settles with NYAG for $22M and bans NY users, marking a major regulatory move in crypto, with implications for securities law and exchange compliance.

Tornado Cash Founders Face Legal Action Over Money Laundering and Sanctions Violations

Tornado Cash Founders Face Legal Action Over Money Laundering and Sanctions Violations

Tornado Cash co-founders Roman Storm and Roman Semenov have been indicted for money laundering, sanctions violations, and operating an unlicensed money transmitting business. The US Treasury added Semenov to its list, preventing US residents from using the platform.

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