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The US placed sanctions on Tornado Cash, a leading "crypto mixer" for transactions in virtual currency that US officials describe as a hub for laundering stolen funds, including by North Korean hackers.
As of today, Tuesday August 9, any US citizen caught using cryptocurrency mixing protocol Tornado Cash is in breach of sanctions law and could face millions...
Tornado Cash is a leading "crypto mixer" for transactions in virtual currency that US officials describe as a hub for laundering stolen funds, including by North Korean hackers.
The US has sanctioned Tornado Cash, a cryptocurrency mixer that reportedly helped North Korea launder stolen funds..
Tornado Cash has been cited for things such as aiding in laundering money from the recent Harmony Bridge and Nomad Heists.