The US Treasury’s Office of Foreign Assets Control says the vessels, companies and individuals under sanction play a ...

The Department of the Treasury's Office of Foreign Assets Control (“OFAC”) was active in October and November 2024. After ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently settled with American Life Insurance Company (“ALICO”), ...

Hungary, which continues to receive Russian natural gas via pipeline, has asked U.S. authorities to exempt Russia’s Gazprombank from the sanctions when payments for natural gas are processed, ...

A U.S. Appeals Court has ruled that Tornado Cash can't be blocked in the country and the Treasury Department's OFAC committed ...

German petrochemical parts supplier Aiotec agreed to pay $14.5 million to settle allegations that it engaged in a four-year ...

The decision reverses a lower court ruling and marks a significant win for privacy advocates and blockchain developers ...

A US court said OFAC “overstepped” in sanctioning Tornado Cash’s immutable smart contracts, saying they can’t be blocked ...

Tornado Cash won its appeal against OFAC's sanctions imposed in 2022 as court said that smart contracts cannot be considered ...

The U.S. Treasury Department acted outside its authority when it sanctioned cryptocurrency mixer Tornado Cash in 2022 and ...