• Blockseer mining pool censor
    Bitcoin,  Technology

    Blockseer’s new mining pool: Compliance or censorship?

    DMG Blockchain Solutions is creating a mining pool that will filter out “nefarious” transactions using tools like the U.S. Office of Foreign Asset Control’s BTC address blacklist

    Former Monero lead maintainer Riccardo Spagni—who has 117,000 followers on his @Fluffypony Twitter account—called out Blockseer’s new mining pool for “advertising that it censors transactions as a key selling point.”

  • Treasury sanctions phishing Russians
    Cryptocurrencies

    U.S. Treasury sanctions two Russian men for stealing $17M in crypto

    U.S. authorities seized crypto assets stolen through a phishing scheme by two Russian hackers, and imposed sanctions similar to those used against hostile regimes, drug kingpins

    Aside from seizing or freezing “all property and interests in property” from sanctioned persons, under the law “U.S. persons generally are prohibited from dealing with them,” according to the OFAC website. The Secret Service also seized millions of dollars in cryptocurrencies and cash allegedly stolen in the sophisticated phishing and spoofing attacks by Russian national Danil Potekhin in 2017 and 2018, which was subsequently laundered by Dmitrii Karasavidi.

  • ICE indicts Venezuelan Petro leader
    Cryptocurrencies,  Politics

    U.S. puts $5M bounty on head of Venezuela’s Petro Superintendent

    Superintendent of Venezuela Government Cryptocurrency Joselit Ramirez Camacho was indicted for money laundering, violating U.S. sanctions, and working with designated drug kingpins

    Joselit Ramirez Camacho, is “accused of having deep political, social and economic ties to multiple alleged narcotics kingpins, including the country’s former vice president, Tareck El Aissami,” according to a statement released on June 1 by the ICE Homeland Security Investigations division.