The US Vault designs sanctions on cash tornado, allowing access to Americans

The American Ministry of Finance abolished sanctions against Tornado Cash, a decentralized cryptocurrency mixer, effectively legalizes the use of American citizens.
This move 2022 sanctions reversed by the control office for control of foreign funds, which accused a platform of facilitation of money laundering activities, including transactions related to North Korea Lazarus Group.
Tornado Cash, launched in 2019. years, is a protocol based on Etherum, which increases the privacy of the transaction by providing users to interfere with the origin and destinations of their cryptocurrency transfer.
Although this service instructs individuals who seek financial privacy, it has been exploited by malicious actors for washing illegal funds.
The Ministry of Finance claimed that Tornado Money was used to wash Over 7 billion dollars of virtual currencies, including $ 455 million stolen by the Lazarus Group.
SCOTT BESSENT SECRETARY DECOMMENDED, “Digital funds represent huge assets from abuse of Northern Korea and the American people and ensuring the American people and ensuring the American people and ensuring American people and ensuring American people and insurance of American people on. “
Free issues of speech
Critics claimed to sanction open source software breached After free speech and technological innovation. In response, a group of Tornado’s Exempt User, which supported Cryptocurrency Convinbase, filed a lawsuit causing sanctions.
In November 2024. the Court of Federal Complaints was ruled in favor of the prosecutor, stating that the treasurement was transferred by her government. The Court emphasized that non-smart clever agreements of Tornado Cash did not qualify as “property” under federal law, thus falling outside the scope of international act of emergency economic powers.
Judge Don Villett noticed it while technology Can be abusedIt was the role of Congress, not the courts, to change the relevant laws.
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2025-03-21 18:35:00