Tagged: National Commerce Bank OFAC

OFAC Ends 2020 with Two Enforcement Actions

OFAC reported two new enforcement actions in the week between Christmas and New Year’s.  The two new enforcement actions are interesting examples of sanctions enforcement, one of which involved the first against a digital currency company. BitGo Settlement BitGo, Inc. a technology platform that provides digital asset wallet management, agreed to pay $98,830 to settle 183 apparent violations of multiple sanctions programs, including the Crimea...