Crypto exchange Kraken reportedly hunted by the Feds for alleged sanctions busting

The US government is reportedly investigating Kraken, a massive cryptocurrency exchange suspected of violating sanctions against Iran, and is expected to slap the crypto behemoth with a fine in the near future. The Treasury Department’s Office of Foreign Assets Control has been probing the US crypto exchange since 2019, according to the New York Times, which broke the story on Tuesday.  “The Treasury does not confirm or comment on potential or ongoing investigations.

Read full article on The Register

 


Date:

Categorie(s):

Tag(s):