INSIGHT: US fines crypto wallet firm Exodus $3.1m over Iran sanctions breaches – here are the key points
By SARAH BETH FELIX, Special Correspondent
OFAC is not finished yet for 2025!
The U.S. organization (Office of Foreign Assets Control) has just issued a $3.1 million penalty against Exodus, a fintech firm which specializes in crypto wallets.
There are many gems in this enforcement action. Where to start? How about with the key lessons that compliance staff should take from the order:
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and…
