U.S. Government Removes Tornado Cash Sanctions
(coindesk.com)
The U.S. Treasury Department's sanctions watchdog has removed Tornado Cash, a crypto mixing tool, from its global blacklist, overturning previous sanctions due to a federal appeals court ruling.
The U.S. Treasury Department's sanctions watchdog has removed Tornado Cash, a crypto mixing tool, from its global blacklist, overturning previous sanctions due to a federal appeals court ruling.
Tornado Cash Delisting
(treasury.gov)
WASHINGTON — Based on the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring within evolving technology and legal environments, we have exercised our discretion to remove the economic sanctions against Tornado Cash as reflected in Treasury’s Monday filing in Van Loon v. Department of the Treasury.
WASHINGTON — Based on the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring within evolving technology and legal environments, we have exercised our discretion to remove the economic sanctions against Tornado Cash as reflected in Treasury’s Monday filing in Van Loon v. Department of the Treasury.
ASML will open Beijing facility despite US sanctions on China
(theregister.com)
Chipmaking tool biz ASML plans to open a new facility in China this year amid rising trade tensions between Washington and Beijing.
Chipmaking tool biz ASML plans to open a new facility in China this year amid rising trade tensions between Washington and Beijing.
Trump threatens Russia with sanctions, tariffs unless ceasefire with Ukraine
(abcnews.go.com)
President Donald Trump on Friday said he would turn up the heat on Russia until it reaches a ceasefire and peace deal with Ukraine.
President Donald Trump on Friday said he would turn up the heat on Russia until it reaches a ceasefire and peace deal with Ukraine.
Russian Oligarch Held Stake in SpaceX Through Trust While He Was Sanctioned
(bloomberg.com)
A Russian senator who is one of the country’s richest men held a stake in Elon Musk-led SpaceX via a trust even after he was sanctioned by the first Trump administration, exposing gaps in the enforcement of rules intended to target elites who enable Kremlin policies, according to people with knowledge of the matter.
A Russian senator who is one of the country’s richest men held a stake in Elon Musk-led SpaceX via a trust even after he was sanctioned by the first Trump administration, exposing gaps in the enforcement of rules intended to target elites who enable Kremlin policies, according to people with knowledge of the matter.
US places sanctions against International Criminal Court
(bbc.com)
The International Criminal Court (ICC) has vowed to continue its judicial work after US President Donald Trump signed an order to impose sanctions on its staff.
The International Criminal Court (ICC) has vowed to continue its judicial work after US President Donald Trump signed an order to impose sanctions on its staff.
Should Canada ban X and Tesla? Why calls are growing
(globalnews.ca)
As U.S. President Donald Trump and Elon Musk take aim at Canada, some high-level observers are calling on the federal government to consider sanctioning or even banning corporations owned by those close to Trump — much as it did with Russian oligarchs after the invasion of Ukraine.
As U.S. President Donald Trump and Elon Musk take aim at Canada, some high-level observers are calling on the federal government to consider sanctioning or even banning corporations owned by those close to Trump — much as it did with Russian oligarchs after the invasion of Ukraine.
Russian Oligarch Held Stake in Musk's SpaceX Through Citi Trust While Sanctioned
(bloomberg.com)
A Russian senator who is one of the country’s richest men held a stake in Elon Musk-led SpaceX via a trust even after he was sanctioned by the first Trump administration, exposing gaps in the enforcement of rules intended to target elites who enable Kremlin policies, according to people with knowledge of the matter.
A Russian senator who is one of the country’s richest men held a stake in Elon Musk-led SpaceX via a trust even after he was sanctioned by the first Trump administration, exposing gaps in the enforcement of rules intended to target elites who enable Kremlin policies, according to people with knowledge of the matter.
How a top Chinese AI model overcame US sanctions
(technologyreview.com)
With a new reasoning model that matches the performance of ChatGPT o1, DeepSeek managed to turn restrictions into innovation.
With a new reasoning model that matches the performance of ChatGPT o1, DeepSeek managed to turn restrictions into innovation.
Influence by Design: How Meta Accepted Russian Payments Despite Sanctions
(checkfirst.network)
Titled Influence by Design: Doppelgänger, Sanctions, Meta, and the Social Design Agency (SDA), the report sheds light on how Meta’s advertising infrastructure was used to run over 8,000 political ads aligned with Russian interests, even after international sanctions targeted the responsible entity: the Social Design Agency (SDA). This highlights Meta’s shortcomings at moderating paid-for content.
Titled Influence by Design: Doppelgänger, Sanctions, Meta, and the Social Design Agency (SDA), the report sheds light on how Meta’s advertising infrastructure was used to run over 8,000 political ads aligned with Russian interests, even after international sanctions targeted the responsible entity: the Social Design Agency (SDA). This highlights Meta’s shortcomings at moderating paid-for content.
Germany battles to secure 'Russian shadow fleet' oil tanker adrift
(theguardian.com)
Germany is battling to secure a heavily loaded tanker stranded off its northern coast, which it says is part of Russia’s sanctions-busting “shadow fleet”.
Germany is battling to secure a heavily loaded tanker stranded off its northern coast, which it says is part of Russia’s sanctions-busting “shadow fleet”.
How Iran moves sanctioned oil around the world
(reuters.com)
Despite some of the West’s toughest sanctions, Iran has built a roaring global trade for its oil. It relies on a shadow fleet of tankers that conceal their activities to skirt sanctions, and willing buyers in Asia to keep its economy afloat and to finance anti-Western militias in the Middle East.
Despite some of the West’s toughest sanctions, Iran has built a roaring global trade for its oil. It relies on a shadow fleet of tankers that conceal their activities to skirt sanctions, and willing buyers in Asia to keep its economy afloat and to finance anti-Western militias in the Middle East.
US Treasury dept sanctions Chinese cybersecurity company for multiple intrusions
(treasury.gov)
WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Integrity Technology Group, Incorporated (Integrity Tech), a Beijing-based cybersecurity company, for its role in multiple computer intrusion incidents against U.S. victims.
WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Integrity Technology Group, Incorporated (Integrity Tech), a Beijing-based cybersecurity company, for its role in multiple computer intrusion incidents against U.S. victims.
U.S. sanctions Russian and Iranian entities over attempted election interference
(nbcnews.com)
The U.S. announced Tuesday that it is leveling sanctions on entities in Iran and Russia over attempted election interference.
The U.S. announced Tuesday that it is leveling sanctions on entities in Iran and Russia over attempted election interference.
Treasury Sanctions Entities in Iran and Russia (2024 Election)
(treasury.gov)
WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating a subordinate organization of Iran’s Islamic Revolutionary Guard Corps (IRGC), and a Moscow-based affiliate organization of the Russian Main Intelligence Directorate (GRU) and its director pursuant to Executive Order (E.O.) 13848, the U.S. election interference authority.
WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating a subordinate organization of Iran’s Islamic Revolutionary Guard Corps (IRGC), and a Moscow-based affiliate organization of the Russian Main Intelligence Directorate (GRU) and its director pursuant to Executive Order (E.O.) 13848, the U.S. election interference authority.
Finland Says Vessel Suspected of Cutting Cable Part of Russia's 'Shadow Fleet'
(nytimes.com)
The Finnish authorities seized an oil tanker on Thursday on the suspicion that it was involved in cutting vital undersea cables and said the ship might have been part of Russia’s “shadow fleet,” aimed at evading Western sanctions.
The Finnish authorities seized an oil tanker on Thursday on the suspicion that it was involved in cutting vital undersea cables and said the ship might have been part of Russia’s “shadow fleet,” aimed at evading Western sanctions.
Vessel Suspected of Cutting Undersea Cable May Be Part of Russia’s Shadow Fleet
(nytimes.com)
The Finnish authorities seized an oil tanker on Thursday on the suspicion that it was involved in cutting vital undersea cables and said the ship might have been part of Russia’s “shadow fleet,” aimed at evading Western sanctions.
The Finnish authorities seized an oil tanker on Thursday on the suspicion that it was involved in cutting vital undersea cables and said the ship might have been part of Russia’s “shadow fleet,” aimed at evading Western sanctions.
China bans exports to US of gallium, germanium in response to chip sanctions
(apnews.com)
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.
Ruble tumbles as Russia's war economy comes under increasing strain
(politico.eu)
The ruble tumbled on Wednesday to its lowest level in over two years, as a mix of low oil prices, new sanctions against Russian businesses and burgeoning government spending on its war effort put ever-greater strain on the Russian economy.
The ruble tumbled on Wednesday to its lowest level in over two years, as a mix of low oil prices, new sanctions against Russian businesses and burgeoning government spending on its war effort put ever-greater strain on the Russian economy.
Coinbase won Tornado Cash appeal
(coindesk.com)
U.S. sanctions against Tornado Cash, a service that anonymizes crypto transactions, must be abandoned, a federal appeals court ruled Tuesday.
U.S. sanctions against Tornado Cash, a service that anonymizes crypto transactions, must be abandoned, a federal appeals court ruled Tuesday.
Half of Russia's A320/A321neo Fleet Grounded Amid Engine Issues and Sanctions
(aviacionline.com)
Half of the Airbus A320/A321neo aircraft operated in Russia are out of service due to technical issues.
Half of the Airbus A320/A321neo aircraft operated in Russia are out of service due to technical issues.
GlobalFoundries nets $1.5B from CHIPS Act despite sanctions violation fine
(theregister.com)
Semiconductor maker GlobalFoundries, recently fined $500,000 for sanctions violations involving China, has been awarded up to $1.5 billion in funding under the US government's CHIPS and Science Act.
Semiconductor maker GlobalFoundries, recently fined $500,000 for sanctions violations involving China, has been awarded up to $1.5 billion in funding under the US government's CHIPS and Science Act.
New Jersey man admits shipping sanctions-busting tech to Russia
(theregister.com)
Vadim Yermolenko, 43, a dual US-Russian national and resident of New Jersey, has pleaded guilty to multiple charges related to his role in sanctions busting as part of a gang that operated in the US and Europe for nearly eight years.
Vadim Yermolenko, 43, a dual US-Russian national and resident of New Jersey, has pleaded guilty to multiple charges related to his role in sanctions busting as part of a gang that operated in the US and Europe for nearly eight years.
China sanctions US drone maker Skydio
(skydio.com)
Earlier today I sent this note to our customers. Because this is a critical topic for the drone industry and for our national security, I'm sharing it here publicly as well.
Earlier today I sent this note to our customers. Because this is a critical topic for the drone industry and for our national security, I'm sharing it here publicly as well.