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U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers.
On March 21, the U.S. Department of the Treasury lifted sanctions against the cryptocurrency mixer Tornado Cash. Tornado Cash is a privacy-intensive crypto mixer built on the Ethereum network that ...
In this article, we delve into what Tornado Cash is, why it was created, and why its removal from the US sanctions list could be a harbinger of change for the fintech industry as a whole.
we have exercised our discretion to remove the economic sanctions against Tornado Cash," Treasury stated in its announcement. As part of this action, over 100 Ethereum wallet addresses associated ...
This episode is sponsored by Nexo.io, Chainalysis, FTX US and NEAR ... on Monday that it was adding Tornado Cash and associated addresses to its sanctions list. It is seemingly the first ...
Brody said the US Treasury’s Office of Foreign Assets Control (OFAC) sanctions on the crypto mixing service Tornado Cash “had a chilling effect on legitimate business user interest.” ...
U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers.