How OFAC enforcement has evolved for crypto 2018-2026

How OFAC enforcement has evolved for crypto 2018-2026

Evolution: 2018 — first crypto wallet addresses added to SDN list. 2019 — early enforcement actions (Ericsson, no crypto-specific cases). 2020 — first crypto penalties (BitGo, BitPay). 2021 — exchange designations begin (SUEX, Chatex). 2022 — mixer designations (Tornado Cash, Blender.io), enforcement ramps. 2023 — record penalties (Binance $968M). 2024-2026 — agent focus emerges, comprehensive framework in place.

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