United States Treasury Removes Sanctions on Tornado Cash Amid Investigation into North Korea Money Laundering

The U.S. Treasury Department has revealed its decision to lift sanctions imposed on Tornado Cash, a digital currency blending platform alleged to have supported the Lazarus Group associated with North Korea in cleaning their unlawfully gained gains.

The U.S. Treasury Department has revealed its decision to lift sanctions imposed on Tornado Cash, a digital currency blending platform alleged to have supported the Lazarus Group associated with North Korea in cleaning their unlawfully gained gains.
“After assessing the unique legal and policy matters tied to the application of financial sanctions on monetary and business transactions taking place…”

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