The U.S. Treasury Department OFAC lifted sanctions on Tornado Cash Crypto Assets Address.

According to Wu, the update announcement of the Specially Designated Nationals List (SDN) released by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on March 21 shows that Tornado Cash, the Tornado Cash website, and several Ethereum addresses associated with Tornado Cash have been removed from the sanctions list. Tornado Cash is a mixing protocol on Ethereum that allows users to conduct transactions anonymously and was previously sanctioned by the U.S. Treasury for allegedly providing money laundering channels for illegal activities such as North Korean hackers.

SDN-1.21%
ETH2.18%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)