US Treasury of Foreign Assets Control Sanctions Virtual Currency Mixer (First Time Ever)

Mayer Brown | May 13, 2022 On May 6, 2022, the US Department of the Treasury's Office of Foreign Assets Control ("OFAC") designated crypto mixer Blender.io as a Specially Designated National ("SDN"), marking the first time a virtual currency mixer has been sanctioned. The move is the latest in a series of sanctions designations and enforcement actions

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