OFAC
Wife of Arrested Tornado Cash Developer Denies Russia Secret Service Links
Financial-crime analysts at Kharon have connected Alexey Pertsev, who is currently in a Dutch prison awaiting trial on suspicion of facilitating money laundering via crypto protocols, to Russian espionage.
Rep Tom Emmer Asks Treasury Department to Explain Tornado Cash Sanctions
U.S. Congressman Tom Emmer (R-Minn.) asked the Treasury Department’s Office of Foreign Asset Control (OFAC) to explain its sanctioning of crypto mixer Tornado Cash in an open letter tweeted Tuesday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
US Lawmaker Emmer Asks Treasury Department to Explain Tornado Cash Sanctions
Treasury's sanctions watchdog sanctioned Tornado Cash earlier this month on allegations it helped North Korea's Lazarus Group launder millions of stolen crypto funds.
Can Ethereum Fight Back Against the US’ Sweeping Censorship Attempt?
In a world where Ethereum users don’t want to be censored, there may be a way to push back.
Tornado Cash Fallout: Can Ethereum Be Censored?
In light of OFAC’s Tornado Cash sanctions, Ethereum's community debates what to do if validators censor sanctioned addresses.
The Downside of Sanctioning Tornado Cash
OFAC’s blacklisting of an Ethereum smart contract stands to compromise innocent users’ privacy while doing little to stop bad actors.
How Tornado Cash US Ban Could Impact Future of Crypto
Galaxy Digital has published a report on how the U.S. Treasury department’s sanction of crypto mixer Tornado Cash could impact the future of crypto.
Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury
The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds.
US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets
FinCEN Associate Director Alessio Evangelista said crypto service providers shouldn't wait for the government to designate a wallet if it's being used for illicit activity.
