What are Crypto Mixers? Are They Legal?

CoinDesk published this video item, entitled “What are Crypto Mixers? Are They Legal?” – below is their description.

The U.S. Treasury Department blacklisted crypto mixer Tornado Cash for its use in several illicit schemes by North Korea. These tools, also known as blenders, can enhance user privacy, but have long been abused to launder money. Here’s a look at how different types of crypto mixers work.

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

How upcoming elections around the world could impact the crypto industry 1

How Upcoming Elections Around the World Could Impact the Crypto Industry

Tornado Cash Developer Roman Storm Will Go to Trial in 2024

What’s Next for Tornado Cash Developer Roman Storm?

In This Story: North Korea

North Korea, officially the Democratic People’s Republic of Korea, is a country in East Asia constituting the northern part of the Korean Peninsula.

Pyongyang is the country’s capital and largest city.

4 Recent Items: North Korea

Trump claims he prevented ‘nuclear holocaust’ in released deposition tapes

North Korea and the new Cold War | 60 Minutes Full Episodes

North Korea says underwater nuclear attack drone tested after US-led joint drills #northkorea #US

Leading American nuclear scientist has a warning about Kim Jong Un

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.