TRM Labs Exec on Crypto Mixer Tornado Cash Blacklisted by US Treasury

CoinDesk published this video item, entitled “TRM Labs Exec on Crypto Mixer Tornado Cash Blacklisted by US Treasury” – below is their description.

The Treasury Department has banned all Americans from using decentralized crypto-mixing service Tornado Cash. TRM Labs analysis shows North Korean cybercriminals used the service to launder funds in all 10 of their most recent heists, including the $620 million Ronin Bridge hack. TRM Labs Head of Legal and Government Affairs Ari Redbord explains why this is a “watershed moment” for crypto.

#cryptocurrency #digitalfinance #finance #bitcoin #crypto

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