Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions – Bitcoin News
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Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions – Bitcoin News

On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s accused of allowing users from sanctioned countries like Iran access to the digital currency trading platform. Treasury’s…

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UPenn’s Wharton School rolls out online certificate course on business in the Metaverse
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UPenn’s Wharton School rolls out online certificate course on business in the Metaverse

The University of Pennsylvania Wharton School of Business announced Tuesday that its Aresty Institute of Executive Education will launch a certificate program titled “Business in the Metaverse Economy.” The six-week course will be taught online with a heavy dose of immersion. Wharton, one of the world’s leading business schools, teamed up with consulting firm Prysm Group to design the course,…

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Treasury's OFAC is investigating Kraken for violating US sanctions: Report
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Treasury’s OFAC is investigating Kraken for violating US sanctions: Report

The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, is reportedly investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto — a potential violation of U.S. sanctions. According to a Tuesday report from the New York Times, OFAC has been looking into Kraken’s alleged sanctions violations since…

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Latvian Artist Threatened With Prison for Money Laundering Through NFTs
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Latvian Artist Threatened With Prison for Money Laundering Through NFTs – Bitcoin News

An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs Prosecuted for Money Laundering in Latvia Latvian artist and developer Ilya…

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Treasury Investigating Kraken for Alleged Iran Sanctions Violations: Report
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Treasury Investigating Kraken for Alleged Iran Sanctions Violations: Report

The U.S. Treasury Department’s Office of Foreign Assets Control is investigating cryptocurrency exchange Kraken for allegedly violating economic sanctions against Iran, according to the New York Times. Five people “affiliated with the company or with knowledge of the inquiry” told the New York Times that Kraken is suspected of allowing customers in Iran and other sanctioned countries to use its…

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