White Collar Defense & Government Investigations AlertKey Points
A U.S. provider of blockchain-based wallet software agreed to pay over $3.1 million to settle 254 apparent violations of U.S. sanctions on Iran.
The apparent violations resulted from technical and customer support services provided by company employees, some of whom recommended that customers use VPNs to disguise their locations from third parties, including a crypto exchange.
“Terms of Use” designed to promote sanctions compl...
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