Bitcoin Mining Pool F2pool Acknowledges OFAC Transaction Censorship; Backpedals After Community Backlash

Bitcoin Mining Pool F2pool Acknowledges OFAC Transaction Censorship; Backpedals After Community Backlash

F2Pool, a Bitcoin mining pool, has admitted to filtering transactions coming from Bitcoin addresses flagged by the Office of Foreign Assets Control (OFAC). After the situation was discovered by 0xB10C, a Bitcoin developer, F2pool co-founder Chun Wang acknowledged that his pool was indeed applying this filter, announcing it would drop the censorship until there was consensus in the community on the issue.
F2pool Acknowledges Compliance With OFAC Sanctions
F2pool, one of the largest Bitcoin mining pools in the world, acknowledged having been filtering transactions coming from addresses flagged by the Office of Foreign Assets Control (OFAC). Chun Wang, a co-founder of the pool, admitted applying a compliance filter for these transactions after 0xB10C, a Bitcoin developer, published an article that examined different transactions to determine if they were intentionally filtered or if there were other explanations for this behavior.
The investigation, which examined six different transactio

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