Tag: OFAC

How to Verify a Crypto Exchange: Security Checklist for No-KYC Platforms

In January 2026, a researcher found an unprotected database — no password, no encryption — holding 149 million stolen login credentials. Among them: access data for approximately 420,000 Binance accounts, lifted not from Binance’s servers but from users’ infected devices by infostealer malware. The following month, Coinbase confirmed a second contractor-related insider breach within a […]

US Sanctions Iran’s Largest Crypto Exchange Nobitex in Major ‘Economic Fury’ Crackdown

By Chayanika Deka The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto exchanges. The move is part of the Donald Trump administration’s Economic Fury campaign aimed at increasing economic pressure on Tehran. The Treasury’s sanctions apply to Nobitex, […]

Tornado Cash Sanctions Appeal Dropped: Crypto Mixer No Longer Blacklisted

By Emir Abyazov The U.S. appeals court has dismissed Coin Center’s case against the Treasury Department regarding sanctions imposed on Tornado Cash. The dismissal effectively ends a multi-year legal battle to overturn restrictive measures against the popular cryptocurrency mixer service. https://x.com/WhaleInsider/status/1942257802983927927 Moving to the timing of the decision, the U.S. Court of Appeals for the […]