Please note, this is a STATIC archive of website www.coindesk.com from 28 Feb 2023, cach3.com does not collect or store any user information, there is no "phishing" involved.
Around a third of the sum laundered with the help of the cross-chain bridge is believed to be proceeds from ransomware attacks by North Korean hackers, according to Elliptic.
One hour and three minutes later, Anthony Blinken tweeted what the Treasury Department actually alleges: Tornado Cash was only used by a DPRK-sponsored group.
The Treasury Department says Tornado Cash abetted laundering of $7 billion, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.
The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds.