Sanctions

Consensus Magazine

Most influential

‘We Are All F****d’: The Developers of Tornado Cash and the Future of Crypto

The arrest of a web developer for the now-sanctioned currency mixer Tornado Cash has raised questions about whom states can hold responsible when bad actors use software to commit crimes. That's why Alexey Pertsev is one of CoinDesk’s Most Influential 2022.

By Jack Schickler

Sponsored

Dec 5, 2022 at 12:16 p.m. UTC

Dec 5, 2022

Most InfluentialMost Influential 2022Tornado CashSanctions

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Layer 2

Ukraine

Ukrainian Government Puts Binance Payment Service Integration on Hold

The move has upset local crypto exchanges and entrepreneurs, who have shown their displeasure by blocking BNB trades on their platforms.

By Anna Baydakova

Sponsored

Nov 28, 2022 at 9:56 p.m. UTC

Nov 28, 2022

UkraineBinanceKUNAChangpeng "CZ" ZhaoSanctions

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Policy

Ofac

Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran

Kraken has agreed to pay $362,159 to settle its potential liability for violating U.S. sanctions.

By Nelson Wang

Sponsored

Nov 28, 2022 at 6:59 p.m. UTC

Nov 28, 2022

OFACTreasury DepartmentKrakenSanctionsIran

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Policy

Tornado cash

Tornado Cash Developer Alexey Pertsev to Remain in Jail Until at Least Late Februrary

Pertsev, a Russian national living in the Netherlands, has been accused of facilitating money laundering by developing the now sanctioned app

By Jack Schickler

Sponsored

Nov 22, 2022 at 1:21 p.m. UTC

Nov 22, 2022

Tornado CashSanctionsMoney LaunderingNetherlandsAlexey Pertsev

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Policy

Regulations

US Sanctions 3 Individuals, Dozens of Bitcoin, Ether and Bitcoin Cash Addresses on Opioid Allegations

Sanctioned individuals allegedly sold drugs to U.S. markets through online markets.

By Nikhilesh De

Sponsored

Nov 9, 2022 at 4:09 p.m. UTC

Nov 9, 2022

regulationsSanctionsOFACDrugs

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Policy

Regulations

US Treasury Adds to Tornado Cash Sanctions With North Korea WMD Allegations

OFAC first added Tornado Cash to its sanctions list in August.

By Nikhilesh De

Sponsored

Nov 8, 2022 at 8:01 p.m. UTC

Nov 8, 2022

regulationsOFACNorth KoreaSanctionsTornado Cash

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Finance

Russia

Binance CEO Zhao Suggests Exchange Might Still Allow Russian Users

While the crypto exchange's EU entities have complied with sanctions against Russia, the decision isn't as clear outside of Europe, the Binance CEO said.

By Anna Baydakova

Sponsored

Nov 2, 2022 at 2:38 p.m. UTC

Nov 2, 2022

RussiaSanctionsBinance

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Policy

Regulations

US Alleges 5 Russian Nationals Used Crypto as Part of Sanctions Evasion, Smuggling Scheme

Defendants allegedly laundered "millions of dollars" using Tether.

By Nikhilesh De

Sponsored

Oct 19, 2022 at 6:17 p.m. UTC

Oct 19, 2022

regulationsSanctionsDOJRussiaVenezuela

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Policy

Russia

Russian Journalists, Activists Kicked Off Crypto Exchanges Due to EU Sanctions

The European Commission last week boosted restrictions on providing financial services to Russians.

By Anna Baydakova

Sponsored

Oct 14, 2022 at 12:57 p.m. UTC

Oct 14, 2022

RussiaSanctionsBlockchain.comLocalBitcoinsCrypto.com

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Policy

Regulation

Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions

Coin Center is backing a second lawsuit against the U.S. Treasury Department, alleging its sanctioning of Tornado Cash overstepped legal bounds.

By Nikhilesh De

Sponsored

Oct 12, 2022 at 4:44 p.m. UTC

Oct 12, 2022

RegulationCoin CenterOFACUS Treasury DepartmentSanctionsTornado Cash

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