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OFAC Sanctions Cryptocurrency Mixing Service for Allegedly Facilitating Money Laundering | Insights

Cryptocurrency firms subject to U.S. jurisdiction must take care to ensure that their platforms do not transact with sanctioned entities such as Tornado Cash, as OFAC sanctions violations are subject to a “strict liability” standard meaning no intent, knowledge, or reason to know that one is dealing with a sanctioned person is required for a violation to occur.
United States South Korea Republic Of Korea Department Of Justice Lazarus Group Go To Guide
Source: gtlaw.com

Justice Department Announces Launch of Task Force "KleptoCapture" focused on Russia-related Sanctions Violations | Morrison & Foerster LLP

On March 2, 2022, the U.S. Department of Justice announced the launch of Task Force KleptoCapture, an interagency law enforcement task force dedicated to enforcing the unprecedented...
United States Vladimir Putin Biden State Of The Union Office Of The Deputy Attorney Morrison Foerster Morrison Foerster Llp

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The Department Of Justice Sets Cryptocurrency Squarely In Its Sights - Technology

The Department of Justice is aggressively scrutinizing participants in the cryptocurrency markets—including "financial institutions working with cryptocurrency"—to thwart the use of the technology as a vehicle for money laundering ...
United States New Jersey Department Of Justice Digital Currency Initiative National Cryptocurrency Enforcement Team Division Money Laundering
Source: mondaq.com

Cryptocurrency: DOJ Scrutiny to Thwart Money Laundering

Department of Justice is aggressively scrutinizing participants in the cryptocurrency markets—including financial institutions working with cryptocurrency—to thwart the use of the technology as a vehicle for money laundering and other illegal activity.
United States New Jersey Department Of Justice Digital Currency Initiative National Cryptocurrency Enforcement Team Division Money Laundering

The Department of Justice Sets Cryptocurrency Squarely in its Sights | Sheppard Mullin Richter & Hampton LLP

The Department of Justice is aggressively scrutinizing participants in the cryptocurrency markets—including “financial institutions working with cryptocurrency”—to thwart the use of the...
United States New Jersey Department Of Justice Digital Currency Initiative National Cryptocurrency Enforcement Team Sheppard Mullin Richter Hampton

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