Overall, Chainalysis says illicit activity in cryptocurrency remains a small share of total volume at less than 1 percent.
February 17, 2023Blockchain analytics firm Elliptic found a trail of transactions linking sanctioned crypto mixer Blender to a new mixing service that was launched in October.
February 17, 2023The August designation did not connect Tornado Cash to North Korea’s nuclear programme.
November 10, 2022Think tank Coin Center argues that the Tornado Cash sanctions harm US citizens and their ability to transact privately using the Ethereum network.
October 14, 2022US persons may request a specific licence from OFAC to complete transactions involving sanctioned crypto mixer Tornado Cash.
September 19, 2022US Congressman Tom Emmer says the designations against Tornado Cash wallet addresses are a "divergence from previous OFAC precedent".
August 29, 2022Dutch authorities arrested a software developer of crypto mixer Tornado Cash last week. Two others were reportedly arrested in the US and Estonia.
August 16, 2022The US Treasury Department says Tornado Cash has been used to launder over USD 7 billion worth of crypto since it was created in 2019.
August 10, 2022