in

Tornado Cash co-founder reports being kicked off GitHub as industry reacts to sanctions

In a Monday tweet, Semenov said that despite not being individually named as a Specially Designated National, or SDN, of Treasury’s Office of Foreign Asset Control, he seemed to be facing repercussions from the Treasury alleging Tornado Cash had laundered more than $7 billion worth of cryptocurrency. As SDNs, identified firms and individuals have their assets blocked and “U.S. persons are generally prohibited from dealing with them.”

Continue Reading on Coin Telegraph

AIG exceeds profit estimates on strong underwriting gains

Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading