US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

by Aurelia Butler 8 November 2022, 23:00 199 Views

In a Nov. 8 announcement, the Department of the Treasury said it had “delisted and simultaneously redesignated” Tornado Cash in addition to taking into account activities conducted by North Korean nationals Ri Sok and Yan Zhiyong in its basis for sanctions. The government department reiterated its claims that the crypto mixer was involved in laundering $455 million in crypto stolen by the North Korea-affiliated Lazarus Group.

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Source: Cryptocurrency - investing.com

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US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

Investors brace for government gridlock as Republicans seen gaining in U.S. midterms

Eurozone wage growth accelerating, job ads show

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