The Office of Foreign Assets Control (OFAC), a Treasury Department agency in charge of preventing sanctions violations, recently added Bitcoin and an Ethereum address to its blacklist. The addresses are those of Igor Zimenkov and his son Jonatan Zimenkov, who are part of “a large network of persons and businesses” aiming to sell defensive weapons […]
The United States Justice Department and Treasury Department have accused Bitzlato Ltd., a Hong Kong-based cryptocurrency platform, of money laundering and have arrested its founder, Anatoly Legkodymov, in Miami. Bust Rather than Boom The charges and arrest come as part of a coordinated effort involving the Federal Bureau of Investigation (FBI), French authorities, and the […]
According to recent reports, the Central Bank of Iran is collaborating with the Russian government to launch a new cryptocurrency transaction system, to be backed by gold. The Russian news site Vedomosti reported that Iran is collaborating with Russia to develop a “token of the Persian Gulf area” that would be used as a payment […]
