United States: Recent OFAC Settlement Highlights Need To Consider IP Address Geolocation...

Recent OFAC Settlement Highlights Need To Consider IP Address Geolocation Data – International Law – United States – Mondaq News Alerts

United States: Recent OFAC Settlement Highlights Need To Consider IP Address Geolocation Data 13 January 2021 Kelley Drye & Warren LLP To print this article, all you need is to be registered or login on Mondaq.com. On December 30, 2020, the Office of Foreign Assets Control ("OFAC") announced a settlement agreement with BitGo, Inc. ("BitGo") for providing digital wallet services to users located in sanctioned jurisdictions, including Crimea, Cuba, Iran, Sudan, and Syria.  The case is notable because OFAC makes …


 


 

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