US Treasury Department Levies Sanctions Against Crypto Mixer Tornado Cash for Being Used to Launder Money
The US Treasury has sanctioned zero-knowledge proof-based private transaction protocol Tornado Cash for its complicity in a crypto laundering case. The digital currency mixing service has allegedly been used to launder more than $7 billion (roughly Rs. 55,672 crore) worth of virtual currency since its creation in 2019, the Treasury…