cryptonews: Kraken settles Iran Sanctions Fine with 99.8% Discount 👀
, a crypto mixing service designed to make it hard if not impossible to track cryptocurrency transactions — allowing, in that case, North Korean government hackers known as the Lazarus Group to launder $455 million of the $620 million it allegedly stole in from Axie Infinity's Ronin bridge in March.
Which is to say, exactly what mixing service users are trying to avoid — to protect their privacy according to supporters and to either launder money or avoid taxes according to critics.
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Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran.krakenfx has agreed to pay $362,159 to settle its case with the U.S. Treasury’s Office of Foreign Assets Control over serving customers in Iran in apparent violation of governmental sanctions. By NelWang
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