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illicit funds Flash News List | Blockchain.News
Flash News List

List of Flash News about illicit funds

Time Details
2025-03-22
05:57
OFAC Removes Sanctions on 90 TornadoCash Smart Contract Addresses

According to @MistTrack_io, the Office of Foreign Assets Control (OFAC) has lifted sanctions on 90 smart contract addresses associated with TornadoCash. This development is significant as TornadoCash has been historically utilized by malicious actors to conceal illicit funds. The updated MistTrack database reflects this change, providing traders with critical information for evaluating the risk and legality of engaging with these addresses. Such updates are crucial for market participants to ensure compliance and maintain the integrity of their trading operations.

Source
2024-12-11
09:54
Criticism of Circle's Response to Crypto Exploits

According to ZachXBT, there is criticism toward Circle, a centralized issuer, for allegedly not assisting victims of large-scale exploits and hacks involving illicit funds. The tweet questions the existence and effectiveness of Circle's incident response team, suggesting dissatisfaction with their handling of such incidents.

Source
2024-08-28
06:56
Richard Teng Clarifies Account Blocks on Crypto Exchange

According to Richard Teng, only a limited number of user accounts linked to illicit funds were blocked from transacting. He emphasized that there have been some incorrect statements regarding this issue. Teng reassured that the global crypto exchange complies with internationally accepted anti-money laundering legislation.

Source
2024-08-28
06:56
Richard Teng Clarifies Account Blocks on Crypto Exchange

According to Richard Teng, only a limited number of user accounts linked to illicit funds were blocked from transacting. He emphasized that the exchange complies with internationally accepted anti-money laundering legislation, countering some incorrect statements circulating about this issue.

Source