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Tag: Treasury Department

From customer to sanctioned ‘proliferator,’ drones extend Iran’s reach

Days after Iran’s unprecedented and largely unsuccessful bombarding of Israel, the U.S. and U.K. levied additional sanctions on the regime’s manufacturers and sources of...

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Have Not Asked India To Reduce Buying Russian Oil, Says U.S. Treasury Official

Have Not Asked India To Reduce Buying Russian Oil, Says U.S. Treasury Official Thursday, April 04, 2024 by Indian Defence News New Delhi: The United States...

CATL & GM Tiptoe Toward A Joint Battery Factory – CleanTechnica

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In the midst of growing concerns about Chinese companies...

Attack drones at heart of ‘military partnership’ between Russia, Iran

Russia’s invasion of Ukraine is buttressed by Iranian technologies, drawing alarm from U.S. lawmakers and military officials.What was once simple collaboration between two governments...

Another Tornado Cash Activity Flagged: Stolen Funds From HECO Bridge Exploit Moved

In August 2022, the US Treasury Department’s Office of Foreign Asset Control (OFAC) imposed sanctions on Tornado Cash, prohibiting its usage for US citizens,...

The Courts Hold The Key To The Future Of The Crypto Industry – CryptoInfoNet

As a lawyer at the largest digital asset trade association in America, I have a deep appreciation for the role of America’s judicial system...

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

North Korea's Lazarus Group has reportedly resumed laundering stolen cryptocurrency through Tornado Cash, circumventing international sanctions. Despite facing international sanctions, North Korea's notorious Lazarus...

US Debt Surging $10 Billion Per Day, $416 Million Per Hour, $6.94 Million Per Minute, $115,740 Per Second: US Treasury Department – The Daily...

America’s ever-increasing pile of debt is now growing at a stunning pace, according to new numbers from the U.S. Treasury. The agency’s “debt to the...

Binance.US Hit by Layoffs and 75% Revenue Drop Amid SEC Lawsuit Aftermath: Report

According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities...

$870,000,000,000 in Interest Will Be Spent on US National Debt This Year, Exceeding Defense Spending for First Time Since 1940: Report – The Daily...

The US government is expected to shell out nearly a trillion dollars this year just to cover the interest on its record-level debt. The Committee...

IRS Recruits Experienced Cryptocurrency Experts To Advise On Tax Policies – CryptoInfoNet

The Internal Revenue Service (IRS) has recently hired two prominent figures from the digital asset industry. Their mission is to spearhead the agency’s efforts...

Cryptocurrency Crimes in Hong Kong Almost Tripled Over the Last 3 Years

Over the past three years, the incidences of virtual asset-related crimes in Hong Kong have significantly increased. The cases reported amounted to 1,397, 2,336,...

Sam Altman Seeks US Approval for Global AI Chip Venture

OpenAI’s Sam Altman seeks US approval for a major AI chip manufacturing venture, facing potential national security and antitrust hurdles. OpenAI CEO Sam Altman seeks...

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