List of Flash News about U.S. sanctions
Time | Details |
---|---|
2025-02-07 19:16 |
Alexey Pertsev Sentenced for Involvement with Tornado Cash
According to Milk Road, Alexey Pertsev, developer of Tornado Cash, has been sentenced to prison. Tornado Cash is a cryptocurrency mixer that anonymizes Ethereum transactions. In August 2022, the U.S. sanctioned Tornado Cash for allegedly laundering billions, including aiding North Korea. This sanction impacts the trading environment by increasing scrutiny on privacy-focused crypto tools and may influence Ethereum transaction patterns as traders seek alternative privacy solutions. Source: Milk Road. |