After a court ruling in favor of Tornado Cash, the US Treasury dropped the ... Grewal pointed to a 2024 Supreme Court ruling that found a legal complaint from Yonas Fikre, a US citizen who was ...

A series of actions by OFAC with respect to Tornado Cash, an Ethereum blockchain cryptocurrency “mixer” allegedly used by North Korean hackers to launder proceeds of large-scale cryptocurrency ...

Last month, the U.S. Treasury Department's Office of Foreign Asset Control delisted Tornado Cash from its sanctions list, months after an appeals court ruled that the watchdog could not designate ...

WASHINGTON, DC - MARCH 13: A seal on the exterior of the U.S. Department of Treasury building Tornado Cash is a virtual currency mixer operating on the Ethereum blockchain. It enables anonymous ...

In late 2022, former President Biden authorized the U.S. Treasury Department to sanction crypto mixer Tornado Cash due to its alleged role in laundering virtual currency for malicious cyber actors.

“This is a long-overdue course correction.” The impact of this shift on the pending criminal case against Tornado Cash developers Roman Storm and Roman Semenov remains unclear. Their ...

On March 21, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) officially lifted sanctions on Tornado Cash, the decentralized cryptocurrency mixer it had ...

The U.S. Treasury Department's sanctions watchdog removed Tornado Cash from its global blacklist Friday. The crypto mixing tool has been accused of helping North Korea's Lazarus Group launder ...

On March 21, the U.S. Department of the Treasury lifted sanctions against the cryptocurrency mixer Tornado Cash. Tornado Cash is a privacy-intensive crypto mixer built on the Ethereum network that ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a monumental shift in regulatory policy, the US ...