US Government Fines Bitgo for Allowing Users to Bypass Sanctions With Cryptocurrency

The U.S. Office of Foreign Assets Control has fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency says Bitgo processed 183 cryptocurrency transactions that were “apparent violations of multiple sanctions programs.” US Treasury Alleges Bitgo Allows Users to Bypass Sanctions The U.S. Department of the Treasury […] The post US Government Fines Bitgo for Allowing Users to Bypass Sanctions With Cryptocurrency appeared first on Bitcoi...