US government sanctions Bitgo for allowing users to circumvent sanctions with cryptocurrency | Rules – Bitcoin News
US government sanctions Bitgo for allowing users to circumvent sanctions with cryptocurrency | Rules – Bitcoin News
The US Bureau of Foreign Assets Control fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency claims that Bitgo processed 183 cryptocurrency transactions that were “apparent violations of several sanctions programs.” US Treasury Alleges Bitgo Lets Users Bypass Sanctions The US Treasury Department announced Wednesday that […]
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