US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering

US Treasury officials withdrew the ban on tornado cache, which is a crypto mixer that the US government earlier said that $ 7 billion was used by North Korean hackers to make $ 7 billion crypto launder.

In A statementTreasury said that it was to deloist the tornado cash by following “our discretion” Legal warThe The restrictions make it Illegitimate To deal with the entity listed for American or US business.

Crypto Mixer Customers Allows them to conceal where the crypto comes from with stigmatized or illegal funds by mixing funds with other crypto.

In 2022, Treasury “Notorious” tornado accuses cash Laundering from North Korea’s hacks is about stealing crypto, whose goal is to steal Crypto to fund its nuclear weapons program. In August 2023, Tornado was two founders in cash Been charged criminally In the New York Federal Court, accused of conspiracy of money laundering and ban on ban.

Treasury tornado said after listed in cash that it was “deeply concerned” about the threat of crypto hack from the North Korean government.