The U.S. Treasury Department today updated its sanctions on Ethereum coin mixer Tornado Cash, citing its role in North Korea’s nuclear weapons program. The Feds in August banned U.S. citizens from using the mixer, claiming that criminals—including North Korean hackers—were using it to launder dirty funds. Though in a Tuesday announcement, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) redesignated Tornado Cash, citing “its role in enabling malicious cyber activities, which ultimately support the DPRK’s [Democratic People’s Republic of Ko ...
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