Cryptocurrency

US Treasury Department Levies Sanctions Against Crypto Mixer Tornado Cash for Being Used to Launder Money

US Treasury Department Levies Sanctions Against Crypto Mixer Tornado Cash for Being Used to Launder Money

The US Department of the Treasury has announced sanctions against the virtual currency mixer Tornado Cash, which it claims has helped launder more than $455 million (roughly Rs. 3,618 crore) for the Lazarus Group, a hacking organisation associated with the North Korean government.

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