sexta-feira, 8 de janeiro de 2021

 

CLIENT ALERT

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Hunton Andrews Kurth Client Alert

January 6, 2021

A NEW YEAR’S TALE OF CAUTION – OFAC Settlement Highlights Risks for Those Dealing in Digital Currencies 

What Happened: OFAC settled with BitGo, Inc. for $98,830, resolving 183 apparent violations of multiple US sanctions programs for processing digital currency transactions on behalf of individuals located in sanctioned jurisdictions.

 

The Bottom Line: Companies providing digital currency services should be aware of sanctions risks and should implement compliance procedures sufficient to ensure that they do not deal with blocked persons or otherwise engage in transactions prohibited by sanctions.  This action also cautions financial institutions subject to US jurisdiction of the sanctions risks associated with interacting with digital or crypto currency providers.

 

The Full Story: Amid the rise of digital currency services, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a cautionary tale on December 30, 2020, discussing a recent settlement with BitGo, Inc. (BitGo), a California-based technology company that facilitates digital currency transactions and provides non-custodial digital wallet management services. BitGo settled for $98,830 after the company faced, at a maximum, a $53 million civil penalty for 183 apparent violations of multiple US sanctions programs.

 
 

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JANUARY 2021 - VOL 67
 
 
 
 
 
 
 

NYC'S LARGEST HEATED OUTDOOR DINING EXPERIENCE

CAMPUS WIDE
Our courtyards have had a winter makeover, with breathable tents, a fire pit, mushroom, and sidewalk heaters. Time Out New York has dubbed IC as "NYC's largest heated outdoor dining experience."
LEARN MORE
 
 
 
 
 
 
 
FRIDAY: Live Bossa Nova Music
Friday, Jan 8 | 6 - 9pm
Near Barrow's Intense - Courtyard 5/6
Grab a drink, and cheers to the weekend with Brazilian beats.
LEARN MORE
 
 
SATURDAY: Bead Workshop
Saturday, Jan 9 | 12pm
Near The Makers Guild - Courtyard 5/6
Join Saskia for a kids + adults beading workshop. Kits will be available to purchase.
LEARN MORE
 
 
SATURDAY: Live Jazz
Saturday, Jan 9 | 4 - 8 pm
Sahadi's - Courtyard 3/4
Afternoons are best spent with wine and live tunes.
LEARN MORE
 
 
SATURDAY: Live Music
Saturday, Jan 9 | 6 - 9pm
Near Barrow's Intense - Courtyard 5/6
A weekly show by Robert Whaley and his band for your weekend enjoyment.
LEARN MORE
 
 
SUNDAY: Live Jazz
Sunday, Jan 10 | 2 - 4pm
Near Barrow's Intense - Courtyard 5/6
Drinks + tunes in the courtyard.
LEARN MORE
 
 
TUESDAY + THURSDAY: IG Live Yoga
Tuesday, Jan 12 | 5 - 5:30pm + Thursday, Jan 14 | 12
IC Instagram Live
A zen moment and deep stretch with Thai James.
LEARN MORE
 
 
WEDNESDAY: 90's Throwback
Wednesday, Jan 13 | 6 - 9pm
Near Barrow's Intense - Courtyard 5/6
Step back in time with a weekly cover band blasting the best in 90's + 00s R&B.
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FRIDAY: Live Latin Music
Friday, Jan 15 | 5 - 8pm
Sahadi's - Courtyard 3/4
Friday nights by the fire pit with live tunes. 
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FOLLOW US
 
 
 
 
 
Craig Newmark Graduate School of Journalism at CUNY


I'm excited to announce that we're opening applications today for the second cohort of the Entrepreneurial Journalism Creators Program.

We're opening up this opportunity for journalism creators to plan and accelerate sustainable journalism ventures. We're looking forward to working with niche creators who have started or want to build podcasts, newsletters, sites and other creative ventures that provide news for niche or underserved audiences or local communities.

This 100-day program is our first to be offered exclusively online.

  • Read more about the program details on our site where you'll find the application form.

  • Applications open today and close January 24.

  • The program will run from March 23 through June 30.

Reply with any questions you have about participating in — or supporting— the program.

Please share this announcement within your network. Here’s a suggested post: Independent Journalists: If you’re developing your own project, consider applying to the 100-day Journalism Creators Program at CUNY’s Newmark J-School to join a cohort of global all- stars as you carve your own path. Learn more: bitly.com/newmarkjcp

Join us in helping to build a new journalism era characterized by resilience and sustainability and led by passionate armies of one.

Jeremy Caplan
Program Director
Entrepreneurial Journalism Creators Program

A screenshot of a tweet from Jeremy Caplan announcing the opening of the next application

Our tweet announcing the application for the next cohort

A preview of the Journalism Creators Program:

  • We start with the Opportunity Exploration course, guiding creators to refine their understanding of niche communities, and a microcourse on Going Solo.

  • We progress to Product Development, focusing on developing, clarifying and strengthening product value propositions and offerings. We also add microcourses on MembershipNewsletters, and Podcasting and special sessions on Journalism Innovation.

  • Then we shift to concentrate on Growth, focusing on how creators can increase the size of their community/audience.

  • The courses weave in considerations of engagement and revenue and we incorporated technical learnings, like mapping out key numbers (P&L).

  • The program finishes with the Personal Leadership course, tying together all the necessary skills to become a successful army-of-one niche publisher.

A photo of instructor Jarrett Carter teaching students on a video call

Instructor Jarrett Carter (founder HBCU Digest) teaching our first cohort
Photo Credit: Mano Alexandre Jr.

If someone forwarded this email to you, join our newsletter here: https://bit.ly/ejsignup

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Fw: A NEW YEAR’S TALE OF CAUTION – OFAC Settlement Highlights Risks for Those Dealing in Digital Currencies

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