In August 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control — also known as OFAC — sanctioned Tornado Cash, a cryptocurrency mixer that blends funds together to make their sources harder to trace. Virtual currency mixing services can be used to launder stolen funds, and the U.S. Treasury says Tornado Cash…
The article Tornado Cash Sanctions: What Crypto Investors Need to Know originally appeared on NerdWallet.
