✅US Treasury Sanctions Binance Wallets
🔴According to OFAC, wallets hosted on Binance received more than $2 million worth of cryptocurrencies, which were then sent to North Korean organizations.
🔴According to a statement from the Office of Foreign Assets Control (OFAC) of the US Treasury, sanctions have been imposed on a number of cryptocurrency wallets linked to the North Korean government.
✅Who exactly were the wallets on Binance associated with, against which the US Department of the Treasury imposed sanctions
🔴The wallets included Bitcoin, Ethereum, USDT Tether and USDC Circle, and belonged to one Sang Man Kim, a 58-year-old North Korean citizen. All of them were placed on the Binance crypto exchange.
🔴It is not known whether Binance controlled the wallets or not. Perhaps they were automatically generated wallet addresses posted on the exchange.
✅Binance under fire for facilitating attackers' efforts to circumvent sanctions
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✅Bitcoin is up today 😎
🔴I hope next week will be as positive as the last two days.
🔴I expect some altcoins to see an increase in the short term.
🔴One of the reasons is the temporary cancellation of the US default, even if it's only preliminary...
🔴In this news environment, markets could locally show a positive trend (already). However, please note that this is not financial advice.
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