US Treasury: Tornado Cash Deposits Prior To August 8 Sanction Withdrawable With OFAC License

US Treasury: Tornado Cash Deposits Prior To August 8 Sanction Withdrawable With OFAC License


Ethereum World News
2022-09-13 18:59:32

Summary: The U.S. Treasury Department provided conditions for domestic users who wish to withdraw from sanctioned crypto mixer Tornado Cash. U.S. Citizens with deposits in the Ethereum-based service may apply for a license with the Office of Foreign Assets Control. The license requires users to share otherwise private information regarding their transactions. Tornado Cash users in America with incomplete transactions on the Ethereum-based cryptocurrency mixing protocol now have a means of recovering their digital assets from the platform without violating […]