Tornado Cash Activities After Sanctions

DeFi ProtocolsAugust 11, 2022, 7:18AM EDT
UPDATED: April 25, 2023, 5:13PM EDT
Tornado Cash Activities After Sanctions
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For a technical overview of Tornado Cash, see this research piece.

On Monday, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, a decentralized virtual currency-mixing protocol. 38 cryptocurrency addresses were added to the Specially Designated Nationals list, which prohibits U.S. persons and firms operating in the U.S. from dealing with these addresses.

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