US authorities to announce international crypto enforcement action

Policy • January 18, 2023, 10:37AM EST
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Quick Take

  • The U.S. Departments of Justice and Treasury are announcing a joint enforcement action against an international crypto entity today. 

U.S. authorities plan to announce an enforcement action against an international crypto entity at noon ET today. 

Representatives from the FBI, the Office of Foreign Asset Control (OFAC), the Financial Crimes Enforcement Network (FinCEN) and the Eastern District of New York will take the stage with Deputy Attorney General Lisa Monaco to release the news, according to an announcement. 

The combination of agencies suggests both criminal and civil interest. OFAC, for example, administers the U.S. sanctions regime, while FinCEN collects reports from financial institutions, monitoring for suspicious transactions. 


© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

Kollen Post profile picture Kollen Post

Kollen Post is a senior reporter at The Block, covering all things policy and geopolitics from Washington, DC. That includes legislation and regulation, securities law and money laundering, cyber warfare, corruption, CBDCs, and blockchain’s role in the developing world. He speaks Russian and Arabic. You can send him leads at [email protected].

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To contact the editor of this story: Andrew Rummer at [email protected]

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