Recently, the Office of Foreign Assets Control (OFAC) of the US Treasury Department added 45 public Ethereum addresses to the sanctions blacklist. These included addresses where the Tornado Cash smart contract was stored. Interestingly, TORN is not a legal entity, it is a decentralized, immutable, non-custodial smart contract.
Anti-Money Laundering Laws & the Crypto Ecosystem
Anti-Money Laundering Laws & the Crypto…
Anti-Money Laundering Laws & the Crypto Ecosystem
Recently, the Office of Foreign Assets Control (OFAC) of the US Treasury Department added 45 public Ethereum addresses to the sanctions blacklist. These included addresses where the Tornado Cash smart contract was stored. Interestingly, TORN is not a legal entity, it is a decentralized, immutable, non-custodial smart contract.