Us Sanctions Crypto Mixer
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US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
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US Court Reverses Sanctions Against Tornado Cash: All You Need to Know
A US federal court has overturned the 2022 sanctions against Tornado Cash. The Fifth Circuit Court in New Orleans ruled that immutable smart contracts do not qualify as property, making them ineligible for sanctions under existing laws.
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US Sanctions Cryptocurrency Mixer Sinbad Over North Korea Ties
The United States on Wednesday sanctioned a crypto mixer that it said was serving as a money laundering tool used by hackers affiliated with the North Korean government.
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Privacy Pools 'Zero-Knowledge' Crypto Mixer Under Development, Former Tornado Cash Developer Says
Ameen Soleimani, one of the developers who had worked on Tornado Cash and is now creating a legally compliant alternative to the sanctioned privacy mixer. Named Privacy Pools, this mixer will let users prove that they are not linked to criminal activities.
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US Treasury Offers a Way for Users to Recover Funds From Crypto Mixer Tornado Cash
Over a month after placing the Ethereum coin-mixing tool Tornado Cash under sanctions, the US Treasury Department has now announced a way for Tornado Cash users to recover their funds.
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Suspected Tornado Cash Crypto Mixer Developer Detained by Dutch Authorities: Details
Dutch authorities have arrested a 29-year-old man suspected of being a developer for the crypto mixing service Tornado Cash. The cryptocurrency blending service was put on a US sanctions list on Monday, over allegations that it has been used to launder more than $7 billion (roughly Rs. 55,700 crore) worth of virtual currency since 2019.
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US Treasury Department Levies Sanctions Against Crypto Mixer Tornado Cash for Being Used to Launder Money
The US Department of the Treasury has announced sanctions against the virtual currency mixer Tornado Cash, which it claims has helped launder more than $455 million (roughly Rs. 3,618 crore) for the Lazarus Group, a hacking organisation associated with the North Korean government.
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US Imposes Sanctions On Digital Currency Mixer Firm Tornado Cash
The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes.
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US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
-
US Court Reverses Sanctions Against Tornado Cash: All You Need to Know
A US federal court has overturned the 2022 sanctions against Tornado Cash. The Fifth Circuit Court in New Orleans ruled that immutable smart contracts do not qualify as property, making them ineligible for sanctions under existing laws.
-
US Sanctions Cryptocurrency Mixer Sinbad Over North Korea Ties
The United States on Wednesday sanctioned a crypto mixer that it said was serving as a money laundering tool used by hackers affiliated with the North Korean government.
-
Privacy Pools 'Zero-Knowledge' Crypto Mixer Under Development, Former Tornado Cash Developer Says
Ameen Soleimani, one of the developers who had worked on Tornado Cash and is now creating a legally compliant alternative to the sanctioned privacy mixer. Named Privacy Pools, this mixer will let users prove that they are not linked to criminal activities.
-
US Treasury Offers a Way for Users to Recover Funds From Crypto Mixer Tornado Cash
Over a month after placing the Ethereum coin-mixing tool Tornado Cash under sanctions, the US Treasury Department has now announced a way for Tornado Cash users to recover their funds.
-
Suspected Tornado Cash Crypto Mixer Developer Detained by Dutch Authorities: Details
Dutch authorities have arrested a 29-year-old man suspected of being a developer for the crypto mixing service Tornado Cash. The cryptocurrency blending service was put on a US sanctions list on Monday, over allegations that it has been used to launder more than $7 billion (roughly Rs. 55,700 crore) worth of virtual currency since 2019.
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US Treasury Department Levies Sanctions Against Crypto Mixer Tornado Cash for Being Used to Launder Money
The US Department of the Treasury has announced sanctions against the virtual currency mixer Tornado Cash, which it claims has helped launder more than $455 million (roughly Rs. 3,618 crore) for the Lazarus Group, a hacking organisation associated with the North Korean government.
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US Imposes Sanctions On Digital Currency Mixer Firm Tornado Cash
The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes.
