F2Pool admits to filtering transactions involving OFAC-flagged Bitcoin addresses, will disable compliance filters after community backlash

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Cointime2023/11/24 09:12

By:Cointime

November 24th, according to Bitcoin.com, F2Pool admitted to filtering transactions from Bitcoin addresses marked by the US Office of Foreign Assets Control (OFAC), and its co-founder Wang Chun admitted to using compliance filters and announced that it will abandon the review until the community reaches a consensus on the issue. The use of compliance filters has caused opposition in the community, and Wang Chun stated that transaction filters will be disabled.

BlockBeats previously reported that on November 22nd, Bitcoin developers discovered that F2Pool was suspected of intentionally filtering transactions involving OFAC-sanctioned addresses.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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