U.S. Sanctions Funnull for $200M Romance Baiting Scams Tied to Crypto Fraud
May 30, 2025Ravie LakshmananCryptocurrency / Cybercrime The U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) has levied sanctions...
sanctions
Grinex’s reach expands to $1.66B despite history of sanctions
Grinex, a cryptocurrency exchange identified as the suspected successor to the sanctioned Russian platform Garantex, has reportedly moved more than...
US sanctions Philippines tech firm accused of aiding crypto scams
The US Treasury has sanctioned a Philippines-based technology firm and its alleged administrator, accusing it of providing services to thousands...
SWIFT battling Russia, China’s crypto use to dodge sanctions
The Society for Worldwide Interbank Financial Telecommunications (SWIFT), the Western-led global financial transfer system, has implemented various control measures for...
Tornado Cash prevails in court as judge bars new sanctions – DL News
Tornado Cash has prevailed in a long-running legal battle over US sanctions.The US government cannot re-sanction the protocol, a judge...
US Treasury’s OFAC can’t restore Tornado Cash sanctions, judge rules
The US Treasury Department’s Office of Foreign Assets Control can’t restore or reimpose sanctions against the crypto mixing service Tornado...
Russia to Launch Centralized Exchange to Fight Sanctions
Russia’s Ministry of Finance and Central Bank are teaming up to launch a centralized crypto exchange. This comes after successive...
Yemen’s crypto exodus: DeFi usage soars 63% as U.S. sanctions cripple Houthi banking
Houthi jumped to DeFi amid U.S. sanctions against Yemen and Iranian backers. DeFi usage in Yemen spiked to 63%, a...
Decentralized finance gains ground in Yemen amid US sanctions
Locals in Yemen have turned to decentralized finance as a way to navigate sanctions imposed by the United States that...
Yemenis are turning to DeFi as US sanctions target Houthi group — TradingView News
Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group,...