I heard some news about Tornado Cash recently and I'm wondering what exactly happened to it. Could someone provide an overview or summary of the situation?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    KimonoSerenity
    Wed Nov 06 2024
   
  
    According to the Treasury Department, Tornado Cash is used to launder the proceeds of cybercrimes.
  
  
 
            
            
  
    
    GliderPulse
    Wed Nov 06 2024
   
  
    This decision highlights the government's ongoing efforts to combat financial crime and terrorism financing through cryptocurrency.
  
  
 
            
            
  
    
    SsangyongSpiritedStrength
    Wed Nov 06 2024
   
  
    The US Department of the Treasury has taken action against the cryptocurrency mixer Tornado Cash.
  
  
 
            
            
  
    
    amelia_martinez_engineer
    Wed Nov 06 2024
   
  
    The popular service has been blacklisted by the Treasury Department due to alleged involvement in laundering money.
  
  
 
            
            
  
    
    Stefano
    Wed Nov 06 2024
   
  
    BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.