The US Treasury updates its guidance to let US tech companies expand their internet services in Iran, after the country took most of its ~83M citizens offline (Voice of America)

Brady Dale / Axios:
The US Treasury clarifies its guidance on Tornado Cash and provides a way for users to lawfully withdraw their funds by applying for a license  —  New guidance from the U.S. Treasury Department’s Office of Foreign Assets Control provides a roadmap for people who used Tornado Cash for lawful transactions to withdraw their stuck funds.

Colin Wilhelm / The Block:
DC-based policy nonprofit Coin Center sues the US Treasury Department, saying the treasury overstepped its authority by sanctioning Tornado Cash in August 2022  —  – The D.C.-based policy nonprofit sued the Treasury Department, saying it overstepped its authority when it sanctioned transaction mixer Tornado Cash in August.

Mike Butcher / TechCrunch:
A look at Iranian activists’ fight for internet access amid the regime’s crackdowns, including using Tor servers inside Iran to bypass internet blockades  —  Activists in Iran are working with outsiders to fight the regime’s censorship  —  As protesters flooded the streets of Iran in September …

Kollen Post / The Block:
Crypto exchange Bittrex agrees to a $29.3M settlement with the US Treasury Department over potential liability for sanctions violations between 2014 and 2017  —  – Bittrex is facing record fines from the U.S. Treasury Department over the exchange’s lack of sanctions controls between 2014 and 2017.

Bill Toulas / BleepingComputer:
Russia’s second-largest bank, VTB, is hit with a large DDoS attack causing its apps and website to go offline; “IT Army of Ukraine” claims credit for the attack  —  Russia’s second-largest financial institution VTB Bank says it is facing the worse cyberattack in its history …

New York Times:
US crypto exchange Kraken agrees to pay $360K+ to the Treasury Department to settle accusations of sanctions violations involving transactions by users in Iran  —  The crypto exchange, which had been under investigation for violating U.S. sanctions, agreed to pay $360,000 to settle the allegations.