On Monday, the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application TornadoCash.
addresses allegedly tied to the platform, it means that all U.S. persons and business entities are strictly prohibited from using the mixer.any U.S. persons or entities that violate the Specially Designated Nationals list. Anyone who breaks the rule can face prison time and anywhere between $90,000 to $308,000 per violation.
when the project’s co-founder Alex Smirnov said Debridge’s team was attacked by the infamous North Korean hacking syndicate Lazarus Group.to five years and three months in prison for a presentation that gave North Korea ““technical advice on using cryptocurrency and blockchain technology to evade sanctions.”a few crypto addresses to the SDN list back in April. The U.S. watchdog also assumed that the recent Ronin bridge attack was connected to the hackers from Lazarus Group.
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