Mar 22, 2025Ravie LakshmananFinancial Security / Cryptocurrency The U.S. Treasury Department has announced that it’s removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds. “Based on the Administration’s review of the novel legal and policy issues raised by use … Read more
We can witness in real time how the Trump administration is devastating international relations as well as the international legal order. Sanctions form an integral part of this disruptive behaviour, as they attribute political and economic weight to the US’ foreign policy agendas (see e.g. here; here). One particular tool to maximize these aspired goals … Read more
While the international legal order as we know it seems to be tilting to a more anarchic mode, incremental changes to the UN system of collective security and specifically the UN Security Council are still materializing. In the year that Russia started the war against Ukraine, which resulted in the Council’s paralysis on many fronts, … Read more
The case concerned a debt collection agency (Lexitor), acting as an assignee of the rights of a consumer who had concluded a consumer credit agreement with a bank for an amount of approx. 9.000 EUR. In addition, the consumer was required to pay capital interest (approx. 4.500 EUR) and a commission fee (approx. EUR 1.100), whereas … Read more
Zservers, a bulletproof hosting service used by LockBit affiliates, was sanctioned by United States, Australian and British authorities on Tuesday.Bulletproof hosting (BPH) services provide technical infrastructure designed to provide anonymity and resist legal interference; unlike typical web hosting services, these services ignore reports of abuse, takedown notices and subpoenas, making them attractive to cybercriminals, including … Read more