Shuttered ShapeShift Crypto Exchange Settles Sanctions Violations for $750K

In brief Shuttered crypto exchange ShapeShift will pay $750,000 to settle alleged sanctions violations from the U.S. Treasury Department. The Treasury Department alleges that the exchange allowed users from sanctioned countries like Cuba to make transactions. ShapeShift, founded by crypto O.G. Erik Voorhees, closed down in 2021. Defunct crypto exchange ShapeShift has agreed to pay...