Cybercrime

The final frontier for financial crime

Financial crime is a truly global issue. As readers of this blog would know, it often involves cross-border issues, and the laws of multiple jurisdictions can apply. In this context, it perhaps unsurprising that the first alleged crime in outer space is connected to...

The new frontier in sanctions – OFAC and Bitcoin

The new frontier in sanctions – OFAC and Bitcoin

The United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has, for the first time, listed two Bitcoin addresses (“Addresses”) as identifiers on its Specially Designated and Blocked Persons (“SDN”) list. The Addresses are associated with...