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The U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) recently reached a settlement with a multi-asset trading platform where, to settle its potential civil liability for violations of sanctions against Iran, Cuba, and Venezuela, the crypto platform agreed to pay $72,230.

In a recent post, our team outlines the alleged sanctions violations and

The U.S., along with several other countries and the European Commission, launched a multilateral task force called the Russian Elites, Proxies, and Oligarchs (REPO) to identify and freeze the assets of Russian oligarchs.
Continue Reading International sanctions task force created to help freeze Russian oligarchs’ assets