Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U.S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program.
The United States Treasury Department’s Office of Foreign Asset Control, or OFAC Nov. 8, updated the sanctions on Tornado Cash. The official press release, ‘Treasury Designates DPRK Weapons Representatives,’ highlighted this development.
It also named two individuals involved in “transportation and procurement activities” for the Democratic People’s Republic of Korea in the Specially Designated Nationals list and Blocked Persons (SDN).
Tornado Cash in deep waters
The U..S Treasury’s OFAC has “delisted and simultaneously redesignated” Tornado Cash in addition to taking into account activities conducted by North Korean nationals Ri Sok and Yan Zhiyong in its basis for sanctions.
