US Blocks CryptoCurrency Service Tornado Cash

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The US Department of the Treasury has published an update to the Sanctions List

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Sanctions List (SDN) to include the Tornado Cash crypto currency protocol and associated digital wallet addresses

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This list is maintained by the Office of Foreign Assets Control (OFAC) and is a list of individuals subject to US government sanctions

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It is including terrorists, officials and beneficiaries of authoritarian regimes, and international criminals

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A Blockchain protocol running on the Ethereum network, Tornado Cash allows you to increase the confidentiality of transactions

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Transactions by hiding the connection between the source and recipient of tokens

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The service is often used by hackers when withdrawing funds from attacked projects

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When the Nomad Blockchain Bridge was hacked in early August

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Hackers withdrew about $152 million, and partially sent it to the Tornado Cash mixer

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