US issues sanctions on a 2nd virtual currency mixing firm
https://apnews.com/2d9019743eb6fdebc2a776ec275c8291
WASHINGTON (AP) — The Treasury Department has imposed sanctions on virtual currency mixer Tornado Cash, which has allegedly helped to launder more than $7 billion worth of virtual currency since its creation in 2019.
Treasury’s Office of Foreign Assets Control says Tornado Cash's systems were used to launder more than $96 million drawn from the June Harmony blockchain bridge theft and August Nomad crypto firm heist.