Tornado Cash co-founders charged with money laundering, sanctions violations
Roman Semenov was placed on OFAC’s sanctioned persons list, and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer.
Roman Semenov was placed on OFAC’s sanctioned persons list, and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer.
CipherTrace’s director of investigations and intelligence says data provided to the government by Chainalysis cannot be verified and should not be admissible in court.
The former CEO of the troubled crypto lender faces multiple charges of fraud and market manipulation as U.S. regulators eye crypto market overhaul.
The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section.
The agencies have worked together for years, but now their joint efforts are official as they plan to ramp up activity.
The court left the issue of the subordinacy of government claims open; Bittrex received multimillion-dollar credits from FinCEN and OFAC.
Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC.