Kelley Drye’s Robert Slack Featured in the Wall Street Journal
April 1, 2022
Partner Robert Slack was quoted in a Wall Street Journal article on the increasing importance of Internet protocol (IP) addresses as a tool for enforcing U.S. economic sanctions against Russia.

In the article, Slack pointed out that despite the fact that IP addresses are considered by many as unreliable indicators for the origin of online traffic, companies run risks of penalties when they don’t screen IP addresses for those in areas under sanction. Digital asset company BitGo Inc. in 2020 paid more than $98,800 to the U.S. Treasury Department’s Office of Foreign Assets Control to settle allegations it violated multiple sanctions programs, including those against Crimea. The settlement, while relatively small, made it clear that OFAC expects companies to consider IP address geolocation data when assessing whether their online customers are located in sanctioned jurisdictions.

Read the full article here. (May require a subscription)