US sanctions "notorious" virtual currency Mixer Tornado Cash ...Middle East

The United States on Monday announced sanctions against virtual currency mixer Tornado Cash over alleged involvement in money laundering of more than USD 600 million stolen by North Korea hackers in one of the largest known virtual currency heists to date. "Today, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned virtual currency mixer Tornado Cash, which has been used to launder more than USD 7 billion worth of virtual currency since its creation in 2019," US Treasury Department said in a press statement.

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