I. U.S. SANCTIONS – U.S. Department of the Treasury Sanctions Russian Cryptocurrency Exchange: On August 14, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) re-designated the cryptocurrency exchange, Garantex Europe OU (“Garantex”), determined to have directly facilitated notorious ransomware actors and other cybercriminals by processing over $100 million in transactions linked to illicit activities, since 2019….
By: Mayer Brown
By: Mayer Brown
