OFAC Imposes $7.6 Million Fine on Poloniex For Violating Sanctions

The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) has levied a $7.59 penalty on California-based crypto exchange Poloniex. The crypto exchange has agreed to pay the amount in order to settle the charges related to the alleged violation of multiple sanctions programs. As per a press release from the Office of Foreign The post OFAC Imposes $7.6 Million Fine on Poloniex For Violating Sanctions appeared first on Coin Edition .