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OFAC

A collection of 2 posts
Defunct Crypto Exchange ShapeShift Settles OFAC Sanctions Violations with $750K Payment
Exchange

Defunct Crypto Exchange ShapeShift Settles OFAC Sanctions Violations with $750K Payment

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced, that ShapeShift has agreed to pay $750,000 to resolve potential civil liabilities tied to sanctions violations. The Swiss-incorporated digital asset exchange, which operated from Denver, Colorado, processed transactions with users in Cuba, Iran,
23 Sep 2025 3 min read
US Treasury Targets Bitcoin and Monero Addresses Linked to Nemesis Marketplace
Bitcoin

US Treasury Targets Bitcoin and Monero Addresses Linked to Nemesis Marketplace

Today the U.S. Treasury Department has imposed sanctions on nearly 50 cryptocurrency addresses tied to the now-defunct Nemesis darknet marketplace. The action targets 44 Bitcoin and 5 Monero addresses allegedly controlled by Iranian national Behrouz Parsarad, identified as the administrator of the darknet marketplace platform. The Treasury’s Office
04 Mar 2025 2 min read
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