The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned 13 entities and two individuals for operating in the financial services and technology sectors of the Russian economy, including those developing or offering services in virtual assets that reportedly enable the evasion of US sanctions, as reported by the Treasury Department

https://cryptoslate.com/united-states-ofac-places-new-sanctions-on-crypto-firms-with-ties-to-russia/

KuCoin, a leading cryptocurrency exchange, is currently facing a tumultuous period. Following a US government criminal complaint, the platform saw about $500 million in assets withdrawn on the Ethereum blockchain alone.

https://beincrypto.com/kucoin-users-withdraw-funds-us-charges/

As the sentencing date for Sam Bankman-Fried, the founder of FTX Exchange, looms closer, fresh developments have emerged in the legal proceedings. The submission of additional victim impact statements by United States Attorney Damian Williams has intensified the scrutiny surrounding Bankman-Fried's case, stirring up debates about accountability and justice within the cryptocurrency community.

https://coingape.com/sam-bankman-fried-faces-impact-statements-ftx-users-court-filing/

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