#us government
6 articles found
Latest
Coinbase-Backed Lawsuit Fights Tornado Cash Sanctions
Coinbase has joined six plaintiffs in a legal challenge against the US government's sanctions on Tornado Cash, a privacy-focused cryptocurrency mixer. The parties argue that the sanctions imposed by the Office of Foreign Assets Control (OFAC) are a violation of their Constitutional rights and are seeking to reopen Tornado Cash for all US-based citizens. 
Ryan Salame Pleads Guilty in FTX Case
In a recent courtroom confession, Ryan has agreed to pay a $6 million fine to the US government, reimburse FTX creditors with $5 million, and forfeit two Massachusetts properties along with his Porsche. The former FTX executive admitted to illicit campaign financing and running an unlicensed money transfer business. “I made $10 million in political contributions and called them loans, which I never intended to repay,” said Salame. He could face up to 10 years in federal prison. 
1 - 6 of 6 results