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Tornado Cash Returns After The US Government’s Repression Spa | Crypto Futures Trading

Tornado Cash Returns After The US Government’s Repression

SpankChain
and Reflex Labs co-founder Ameen Soleimani has hinted at the return of the upcoming Ethereum-based mixer Tornado Cash. Previously, the crypto mixer was sanctioned by the US authorities, and the Dutch police are still holding the developer Alexey Pertsev.

The cryptocurrency mixing protocol similar to Tornado Cash has received a lot of criticism because of how it works using various techniques to hide the origin of the cryptocurrency, which has facilitated a lot of crypto hacks, no matter how big or small, can be done smoothly. Because of this, the US Office of Foreign Assets Control has accused Tornado Cash of facilitating money laundering by the Lazarus hacker group with links to North Korea. Accompanying that is the order to sanction and ban the operation.

Source

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