News

Weekly Roundup: Beneficial Ownership Dispute Reaches US Supreme Court, China Hacks OFAC, and More

The White House appealed to the Supreme Court to allow the Treasury Department to enforce the Corporate Transparency Act after the 5th U.S. Circuit Court of Appeals reinstated a nationwide injunction against the beneficial ownership requirements predicated on the law. More Chinese state-sponsored hackers illegally accessed and stole documents from the Office of Foreign Assets Control, Office of Financial Research and Treasury Secretary Janet Yellen, The Washington Post reported. More OFAC separately blacklisted Beijing-based Integrity Technology Group for infiltrating several U.S. targets, online, the Associated Press reported. More Do Kwon, founder of Terraform Labs and cryptocurrencies TerraUSD and Luna, pleaded...

TO READ THE FULL STORY
Subscribe Learn More