Tag: OFAC
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Chun Wang stopped using an OFAC Filter for Russian transactions after protests by bitcoiners
Chun Wang‘s F2Pool is still being used by Russian miners after Chun Wang removed an OFAC transaction filter that seemingly blocked transactions from Russia. After the filter was discovered by several crypto sleuths, bitcoiners protested about its censorship. Chun Wang defended himself with a tweet he later deleted saying he blocked transactions from dictators, criminals…
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What happens to Tether after Binance’s settlement with the DOJ and the US government?
The historic images of crypto’s kingpin exiting a Seattle court last Tuesday after he pleaded guilty to a host of criminal charges were expected. The timing was also expected, coinciding roughly with one year after the FTX implosion and soon after its founder and CEO Sam Bankman Fried was sentenced. What wasn’t expected was that…
