OFAC Takes Action Against Virtual Currency Tornado Cash in Novel Application of Sanctions Authorities

By cineramaSeptember 2, 2022DeFi

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), on August 8, 2022, sanctioned virtual currency mixer Tornado Cash. OFAC alleged that it had been “used […]

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OFAC Takes Action Against Virtual Currency Tornado Cash in Novel Application of Sanctions Authorities

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