OFAC and CoinList reach $1.2M settlement over Russian sanctions violations
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement with the crypto exchange CoinList on Dec. 13. Over a two-year period ending in May 2022, CoinList processed 989 transactions worth $1.25 million from users who ordinarily resided in Crimea. The agency called this an…
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