OFAC

The crypto mixer, created in 2017, may have facilitated the laundering of 152,000 BTC, according to Europol

Recent turmoil in the crypto market has accelerated the need for tougher crypto regulation, according to US think tank analysts

“Anyone considering interacting with the Tornado Cash wallets should first call a lawyer, and be prepared to hear no,” a partner at law firm Morrison Cohen said

Tornado Cash’s inflows fell 68% in the 30 days after sanctions, while average monthly inflows into Russia-based Garantex following its sanctioned designation more than doubled

Tornado Cash can be sanctioned since it’s an entity defined as “a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization,” the Treasury said.

“For Sam to suggest that the industry ‘should respect OFAC’ is unbecoming,” ShapeShift co-founder Erik Voorhees said

The Treasury exceeded its regulatory authority as Tornado Cash is a “privacy tool beyond the control of anyone,” Coin Center said

The exchange allowed users in the Crimea region of Ukraine, as well as Cuba, Iran, Sudan and Syria to trade cryptoassets despite these being subject to US sanctions

Blockchain development agency Labrys said Ethereum censorship has grown “unchecked” since the Merge, but core developers disagree

OFAC also addressed “dust attacks,” or instances where a very small amount of cryptocurrency that touched Tornado Cash results in blocked wallets or accounts, in Tuesday’s clarifications

Sanctioning Tornado Cash has only increased mixing activity on other platforms, industry members said

Stablecoin issuer calls the move by USDC to blacklist Tornado Cash smart contracts “premature”

Rep. Tom Emmer has urged Janet Yellen’s Treasury office to expand on its Tornado Cash sanctions, saying “expectation of privacy is normal”

The Russian citizen was extradited from the Netherlands to face charges of laundering proceeds from crimes paid in crypto

Tron founder Justin Sun was blocked by the front-end web app of DeFi protocol Aave over the weekend after a Tornado Cash ‘dust attack.’

The ether transaction privacy service made a bid to curtail the laundering of Ronin hack proceeds