Sanctions
Huione Pay announced a suspension of operations following a surge in withdrawals after new U.S. sanctions, amid allegations of money laundering and ties to crypto scams. The move raises immediate liquidity and custody concerns for users and counterparties.
Analysts report North Korea is using prohibited Nvidia GPUs to supercharge AI-driven attacks on digital assets, drawing on decades of state-led AI research. The move complicates sanctions enforcement and raises new risks for exchanges and custodians.
Victims of Hamas attacks have filed a damages lawsuit alleging Binance enabled transfers exceeding $1 billion to sanctioned groups, including Hamas and Iran’s IRGC. The suit claims the exchange failed to stop or block illicit fund flows.
A lawsuit filed Nov. 24 alleges Binance’s organizational setup and compliance controls allowed individuals tied to U.S.-sanctioned terrorist groups to move funds through the exchange. The case raises fresh legal and regulatory pressure on the world's largest crypto platform.
Iran says it has asked India and other BRICS members to use digital assets to settle trade, seeking a workaround to US and UN sanctions. Officials and business leaders frame the approach as a pragmatic response to restricted access to global payment rails.
Federal prosecutors, now led by former SEC Chair Jay Clayton, filed to block Roman Storm's attempt to overturn his conviction in the Tornado Cash case. The filing aims to keep Storm incarcerated and highlights continuing government scrutiny of crypto-mixing services.
South Korea signals possible shifts to its sanctions strategy after Vice Foreign Minister Kim Ji-na warned that North Korea's cryptocurrency thefts pose a growing threat. The move follows recent U.S. crypto enforcement and could reshape regional sanctions and crypto compliance.
Keep informed about the newest updates from the Office of Foreign Assets Control, including sanctions list changes and counter terrorism efforts. Learn how these policies impact the financial landscape and crypto industry.
In August 2025, the U.S. Treasury and FinCEN took major steps to combat illicit finance, targeting networks linked to money laundering, North Korea's weapons funding, and Iranian oil exports. These moves highlight ongoing efforts to strengthen financial crime oversight amid evolving digital asset landscapes. Learn how solutions like Bitlet.app's Crypto Installment service can help you navigate the crypto market responsibly.