US Government Bans Ethereum Mixer Tornado Cash

Aug 8, 2022 7:38 PM

US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC's SDN List

On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group.

For more details check the source below 

Dear banter friends whats your opinion about U.S government banning the ethereum mixing application Tornado cash. 

My friends according  to agencies Tornado Cash played a key role in the $625 million hack of Axie Infinity's Ronin Network by the Lazarus Group, a North Korean hacking group 

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