United States has banned crypto mixer Tornado Cash

The regulator has added Tornado Cash and 44 associated Ethereum and USDC wallets to its Specially Designated Nationals list, according to an August 8 announcement from the Treasury’s Office of Foreign Asset Control. U.S. Treasury has blacklisted the decentralized crypto mixer Tornado Cash barring US citizens from using the platform, alleging that it’s used to launder money by North Korean hackers.Tornado Cash has been used by many Hackers to launder crypto money. It was only a matter of time.