Sanctions

North Korean leader Kim Jong-Un (Chung Sung-Jun/Getty Images)
U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs
The Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities, OFAC alleged
North Korean leader Kim Jong-Un (Chung Sung-Jun/Getty Images)

(Nikhilesh De/CoinDesk)
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC said Friday.
(Nikhilesh De/CoinDesk)

(Shutterstock)
IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly
The IRS Criminal Investigation division is supporting Ukrainian investigators by providing blockchain analysis tools.
(Shutterstock)

Private, but innocent. (Getty)
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved i...
Private, but innocent. (Getty)

Tigran Gambaryan, head of financial crime compliance at Binance attends Consensus 2023. (Amitoj Singh/CoinDesk)
U.S. Justice Department Investigating Binance for Russia-Related Sanctions Violations: Bloomberg
CoinDesk has reached out to Binance and the Justice Department for comment.
Tigran Gambaryan, head of financial crime compliance at Binance attends Consensus 2023. (Amitoj Singh/CoinDesk)

(Nikhilesh De/CoinDesk)
Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges
Poloniex allegedly did not maintain proper know-your-customer practices between 2014 and 2019.
(Nikhilesh De/CoinDesk)

U.S. Treasury Department in Washington, D.C. (Jesse Hamilton/CoinDesk)
U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
The three were engaged in crypto activities themselves, and the U.S. Treasury Department says they were tied to the networks of DPRK entities laundering stolen crypto or movin...
U.S. Treasury Department in Washington, D.C. (Jesse Hamilton/CoinDesk)

Elvira Nabiullina, Bank of Russia chief (Bank of Russia)
Russia Plans to Mine Crypto for Cross-Border Deals, Says Central Bank
International sanctions have been imposed on the country to exclude it from the U.S. dollar-powered global payment infrastructure.
Elvira Nabiullina, Bank of Russia chief (Bank of Russia)

(Benjamin Davies/Unsplash)
Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
Russian banks may be cut off from the SWIFT international payments network but, despite wide-ranging international sanctions, money keeps flowing between Russia and the West....
(Benjamin Davies/Unsplash)

(Adam Levine/CoinDesk)
Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis
Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction v...
(Adam Levine/CoinDesk)