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Kraken settles with US Treasury's OFAC for violating US sanctions

The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions against Iran.

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Kraken settles with US Treasury's OFAC for violating US sanctions

The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions against Iran.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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