The cryptocurrency theft is the largest in history. The Federal Bureau of Investigation (FBI) identified the hackers in the recent theft of $6.3 billion in Binance cryptocurrency as…
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U.S. Cuts Off Hamas’ Financing Network
State and Treasury Departments announce designations and sanctions against individuals and entities supporting the terrorist group. The Departments of State and the Treasury announced that the Office of Foreign…
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FBI Director Reports Expansion of “Operation Blackout“ Targeting Scam Compounds
Ongoing law enforcement efforts to address scammers have resulted in $17 billion in seized assets so far. The Federal Bureau of Investigation (FBI) reported that it is expanding…
Read MoreOFAC Disrupts Digital Asset Exchange Supporting Iran
The Justice Department has also targeted cryptocurrency proceeds from black-market sales of sanctioned Iranian crude oil and petroleum. The Treasury Department’s Office of Foreign Assets Control designated BitBank, a…
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Treasury Proposes Rules for Stablecoin Oversight Under New Federal Law
The draft regulation outlines anti-money laundering and sanctions requirements for digital payment issuers. The Financial Crimes Enforcement Network (FinCEN)and the Office of Foreign Assets Control (OFAC) recently introduced…
Read MoreTreasury Secretary Urges Senate to Take Up Cryptocurrency Legislation
The bill was passed by the House in the summer of 2025. Treasury Secretary Scott Bessent is encouraging the U.S. Senate to pass the CLARITY Act. The legislation,…
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State Department Announces Sanctions Against North Korean IT Operatives
The individuals and entities have been involved in defrauding U.S. businesses. The State Department announced sanctions against two entities and six individuals involved in operations using Information Technology…
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President Trump Pardons Binance Cryptocurrency Founder
The Binance cryptocurrency exchange founder had pleaded guilty to money laundering. President Donald Trump pardoned Binance cryptocurrency exchange founder Changpeng Zhao, who pleaded guilty to money laundering charges…
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SEC to Hold Roundtable on Crypto Privacy and Financial Surveillance
The public discussion at SEC headquarters will address privacy-protecting technologies and policy issues in the digital asset sector. The Securities and Exchange Commission’s (SEC) Crypto Task Force will…
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FBI Issues Criminal Warning for Online Group “The Community“
The agency says its online activity has evolved to include complex money laundering and exploitation. The FBI’s Internet Criminal Complaint Center issued a warning this week about an…
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