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Shapeshift

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Defunct Crypto Exchange ShapeShift Settles OFAC Sanctions Violations with $750K Payment
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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,
23 Sep 2025 3 min read
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