U.S. Treasury Lifts Tornado Cash Sanctions Amid North Korea Money Laundering Probe

U.S. Treasury Lifts Tornado Cash Sanctions Amid North Korea Money Laundering Probe

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The U.S. Treasury Department has announced that it’s removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds.
“Based on the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring

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