DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash
Several decentralized applications on the Ethereum network have implemented code changes to revoke access from “sanctioned” addresses. The currently identified protocols are Aave, Uniswap, Ren, Oasis, and balancer. Banteg from Yearn identified the GitHub repositories in question via a Tweet early Saturday morning. The “address screening” that has been put into place revolves around TRM Labs, a compliance company offering services to dApps via an API.
However, following the OFAC move to sanction all addresses related to Tornado Cash, it appears that users that have interacted with Tornado Cash are now also being labeled as “sanctioned” and thus banned from the platforms using TRM Labs’ API. The sanctions are not being placed on addresses related to Russia but on any users, including United States citizens, who have ever received funds from a Tornado Cash address.
Source
https://t.me/Crypto_Bitcoin_Blockchain
