US imposes sanctions on cryptocurrency mixer that allegedly laundered over $7 billion - Engadget

The US has sanctioned Tornado Cash, a cryptocurrency mixer that reportedly helped North Korea launder stolen funds..

The US is ramping up its efforts to crack down on shady cryptocurrency mixers. The Treasury Department has imposed sanctions on Tornado Cash, a mixer that allegedly helped launder more than $7 billio… [+1372 chars]

full article...