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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.
Hodlnaut joins a growing list of crypto lenders that have collapsed under the plummeting crypto prices this year.
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.
U.S. accuses the crypto mixing service of allowing North Korean hackers to launder millions of stolen funds.
US Treasury sanctions cryptocurrency mixing service Tornado Cash - SiliconANGLE