The US Treasury Department has redesignated sanctions on the mixing service Tornado Cash, saying North Korea’s Lazarus Group has used the service to launder more than $100m stolen in crypto heists. The new sanctions were published by the Treasury Department’s Office of Foreign Assets Control (OFAC), and ties Tornado Cash to laundering of $96m stolen in the Harmony Bridge Heist in June 2022, and at least $7.8m stolen in the so-called Nomad Heist in August 2022.... Read More: US Treasury Redesignates Sanctions on Tornado Cash Crypto Mixer, Citing North Korea Involvement
