Tornado Cash co-founder Roman Semenov has been added to a list of individuals and companies sanctioned by US government.
"Tornado Cash has been used to launder funds for criminal actors since its creation in 2019, including to obfuscate hundreds of millions of dollars in virtual currency stolen by Lazarus Group hackers," OFAC
The update included several ether wallet addresses and specifically mentioned North Korean sanctions regulations."OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries," according to the office's website. Tornado Cash is an open-source software that can be used to anonymize transactions on the Ethereum blockchain.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Johnson County residents deal with tornado debris in waterways 2 months after tornadoNearly two months after a tornado ripped through Johnson County, waterways are still jammed with debris — Debris that could cause flooding if it isn’t cleared.
Read more »
Judge Backs U.S. Sanctions on Crypto Platform Tornado CashA federal judge in Austin, Texas, sided with the government in a civil lawsuit that was brought by six individuals and financed by crypto exchange Coinbase.
Read more »
Privacy Mixer Tornado Cash Is an Entity, Judge SaysWe have yet another court ruling finding a decentralized autonomous organization is an association.
Read more »
Birmingham company alleges JSU owes millions for tornado cleanupMultiple lawsuits, audits, a rumored FBI investigation, claims of overbilling and allegations of millions in unpaid bills continue more than five years after cleanup efforts began.
Read more »