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Published 2 years ago

OFAC's Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M – Bitcoin News

Summary by Ground News
On August 8, the U.S. Treasury Department's Office of Foreign Asset Control (OFAC) banned the privacy-enhancing ethereum mixing service Tornado Cash. OFAC did not disclose exactly why Tornado Cash was sanctioned but it is suspected that it was due to the North Korean hacking syndicate known as Lazarus Group. Following the ban, the internet hosting service for software and open source code development, Github, erased some of the Tornado Cash commits.

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