Millions in crypto funded tools to exploit U.S. software, Treasury says in new sanctions

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Crypto News

The U.S. Treasury Department has sanctioned a Russian company, Operation Zero, and the individuals behind it after accusing them of buying stolen cyber tools for millions in cryptocurrency and re-selling those technologies, which were created to be used by the U.S. government. The tools bought and sold by newly sanctioned Sergey Sergeyevich Zelenyuk and his […]

South Korea Plans Sanctions Against BitMEX, KuCoin, Others: Report

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Crypto News

South Korean financial authorities are planning sanctions against crypto exchanges who are operating illegally in the country, business newspaper Hankyung reported on Friday. The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as Virtual Asset Service Providers (VASPs) as targets for sanctions, according to the report. The exchanges targeted – […]