US Sanctions Limiting Privacy Software Use, Crypto Firms

US Sanctions Limiting Privacy Software Use, Crypto Firms


Bitcoinist
2022-08-27 15:35:15

Earlier this month, the U.S. Treasury Department sanctioned a ban on Tornado Cash, a crypto privacy tool that mixes funds of different users to hide original source of crypto funds. The authority alleged the mixer firm for helping bad actors to launder more than $7 billion in digital assets since its initiation in 2019. As […]