FTX has reportedly begun blocking accounts that have sent coins through Zk.money, a private layer-2 chain provided by the Aztec Network on Ethereum. According to Twitter users, FTX has identified the DApp as a mixer — a service it deems a “high-risk activity” prohibited by the exchange. Reports of blocked transactions on FTX began appearing … Read more
The Ethereum-based platform is believed to have been used to launder over $7 billion in virtual currencies The Ethereum-based platform is believed to have been used to launder over $7 billion in virtual currencies The U.S. Department of the Treasury announced on Monday that the Treasury’s Office of Foreign Assets Control (OFAC) was imposing sanctions on … Read more
The Treasury Department has imposed sanctions on virtual currency mixer Tornado Cash, which has allegedly helped to launder more than $7 billion worth of virtual currency since its creation in 2019 The Treasury Department has imposed sanctions on virtual currency mixer Tornado Cash, which has allegedly helped to launder more than $7 billion worth of … Read more