sanctions | ForkLog

ForkLog 14 04.03.2022

Brad Garlinghouse: Ripple complies with all US sanctions

Washington's concerns about Russia using cryptocurrencies to evade sanctions imposed after the invasion of Ukraine stem from officials' limited understanding of how blockchain works, said Brad Garlinghouse, head of Ripple, in an interview with Fox Business.

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ForkLog 34 04.03.2022

MetaMask and OpenSea say they are prepared to block users in sanctioned jurisdictions

The developers of the non-custodial MetaMask wallet warned that users from certain jurisdictions may lose access to the app. The corresponding notice appeared on the project's site in the support section.

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ForkLog 20 03.03.2022

Another crypto exchange blocks Russian citizens’ accounts amid sanctions

South Korean cryptocurrency exchange Gopax announced the blocking of accounts belonging to Russian citizens.

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ForkLog 12 02.03.2022

Animoca Brands to end services for Russian users

One of the largest blockchain-gaming operators, Animoca Brands, will sever ties with Russian users and investors because of the war against Ukraine. Bloomberg reports this.

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ForkLog 9 17.02.2022

US Senate proposes to mitigate risks from El Salvador’s Bitcoin legalization

A group of members of the Senate Foreign Relations Committee has put for consideration a bill on cryptocurrency responsibility in El Salvador. It envisions a plan to mitigate potential risks to the U.S. financial system.

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ForkLog 9 17.11.2021

US Treasury officials deny that digital ruble would undermine sanctions

The emergence of a digital ruble will not make American sanctions less effective, according to Deputy U.S. Treasury Secretary Wally Adeyemo.

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ForkLog 34 10.11.2021

Bitcoin exchange Chatex halts withdrawals and blocks user funds

On 10 November, the Telegram bot for exchanging cryptocurrencies Chatex stated that it was suspending operations amid an investigation into the company being conducted in the United States.

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ForkLog 57 09.11.2021

U.S. Sanctions Hit Bitcoin Exchange Chatex

The U.S. Department of the Treasury and the U.S. Department of the Justice added to the sanctions list the addresses of the Chatex Telegram bot for cryptocurrency exchange, as well as affiliated entities Izibits OÜ, Chatextech SIA and Hightrade Finance Ltd.

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ForkLog 23 15.10.2021

U.S. Treasury issues sanctions-compliance guidance for participants in the crypto industry

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) published guidance for representatives of the cryptocurrency industry on complying with U.S. sanctions.

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ForkLog 20 28.09.2021

Binance partially unblocks user accounts suspected of ties to Suex

On September 28, six Binance clients who were blocked due to alleged ties to the sanctioned exchanger Suex said ForkLog that the restrictions had been lifted from their accounts. The funds were not touched.

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ForkLog 31 27.09.2021

Binance blocks assets totaling more than $630,000 over alleged ties to Suex

Five more Binance users contacted ForkLog after being blocked over an alleged link to the sanctioned Suex exchange. The total value of funds blocked on their accounts exceeds $630,000.

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ForkLog 23 25.09.2021

Binance blocks customer’s account over transaction to Suex address

On 22 September, the cryptocurrency exchange Binance abruptly blocked one of its users' accounts without warning. The platform later explained that he allegedly sent funds to the address of the U.S.-sanctioned Suex bitcoin exchange. The user himself denies conducting transactions in favor of the exchange or darknet marketplaces.

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