Non-crypto OFAC penalties — traditional finance
Non-crypto OFAC penalties — traditional finance
Non-crypto OFAC penalties provide context for crypto enforcement. Notable cases: Standard Chartered ($657M for Iran sanctions), BNP Paribas ($8.9B — the largest OFAC penalty in history), Societe Generale ($1.3B), UniCredit ($1.3B). Crypto enforcement ($1.4B total) is significant but still a fraction of traditional finance penalties.