The FTC is ordering BitMart operators Bachi.Tech Corporation and Spread Technologies LLC to turn over information. The companies had been sent subpoenas in May seeking information about their security and how they have handled customer complaints, and the companies had pushed back on the request at the time, saying it was overly broad. The FTC denied their effort to block the FTC from compelling them to provide this information and is now investigating whether the companies misled users about their cybersecurity protections or failed to comply with financial services laws.

The Department of the Treasury announced that it has sanctioned digital currency mixer Tornado Cash, a service that officials say has been used by a North Korean hacking group (Lazarus Group) to launder more than $455 million in stolen funds. This marks the second time that Treasury has blacklisted a cryptocurrency mixing service.