The DOJ, OFAC, FinCEN and the CFTC settled enforcement actions against Binance, its CEO and former CCO. The coordinated settlements addressed charges against the digital asset exchange for CFTC registration failures and for violations of the Bank Secrecy Act and International Emergency Economic Powers Act sanctions programs.
A global manufacturing company based in Minnesota and a New York bank settled separate OFAC charges for violating the Iranian Transactions and Sanctions Regulations.
OFAC designated a co-founder of a sanctioned virtual currency mixer that laundered stolen virtual assets for North Korea.
A building materials company settled potential civil liability for violations of the Iranian Transactions and Sanctions Regulations.
A U.S. skincare and dietary supplements company settled OFAC charges regarding apparent violations of the Iranian Transactions and Sanctions Regulations after the Company supplied products and services to Iran.