It’s all over for Tornado Cash. They have been sanctioned By US Treasury #shorts #crypto
Decentralized crypto mixing service Tornado Cash sanctioned and blacklisted by US Treasury and OFAC for laundering hundreds of millions of dollars worth of illicitly obtained crypto.
Tornado Cash has been used to launder funds from some of the largest crypto hacks and officials argue mixing services like Tornado are used by foreign agencies such as North Korea’s Lazarus group creating a national security risk. How will this impact the crypto and blockchain industry? Check out this video to find out!
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