More and more cryptocurrency addresses have been added to the United States Department of the Treasury’s list of Specially Designated Nationals, which are marked as being possibly associated with the global drug trade. According to the Kingpin Act, U.S. companies and individuals are banned from any type of commercial relationship with addresses on the list as well as people connected to them.
The three Bitcoin (BTC) addresses that recently came under a fire belong to Chinese citizens. Less than a week after Chainanalysis rolled out a real-time suspicious transactions detector, its global head of policy, Jesse Spiro, shared his concerns about account blocking and the possible reaction of the crypto market.