The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions harder to track, which the Biden administration had accused of helping ...

The US Treasury Department on Friday lifted economic sanctions against Tornado Cash, a cryptocurrency mixing service that had been accused of enabling illicit financial activities, including money ...

U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers.

Tornado Cash, which lets users make private transactions on the Ethereum network, has laundered more than $7 billion worth of virtual currency since it was created in 2019, the Treasury said.

The U.S. Treasury Department acted outside its authority when it sanctioned cryptocurrency mixer Tornado Cash in 2022 and accused it of helping launder over $7 billion for North Korean hackers and ...

The US agency also said that money laundered on Tornado Cash "includes over $455 million stolen by the Lazarus Group, a Democratic People's Republic of Korea (DPRK) state-sponsored hacking group ...

US Scraps Sanctions on Tornado Cash, Crypto ‘Mixer’ Accused of Laundering North Korea Money By Hannah Lang (Reuters) - The U.S. Treasury on Friday lifted economic sanctions against Tornado ...