{"id":1041536,"date":"2022-08-09T04:09:04","date_gmt":"2022-08-09T08:09:04","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1041536"},"modified":"2022-08-09T04:09:04","modified_gmt":"2022-08-09T08:09:04","slug":"u-s-announces-sanctions-against-currency-mixer-firm-tornado-cash","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1041536","title":{"rendered":"U.S. Announces Sanctions Against Currency Mixer Firm Tornado Cash"},"content":{"rendered":"<div><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"150\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2022\/08\/Bitcoin-Coin-Hoodie-Mysterious-Man-Money-300x150-1.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Bitcoin Coin Hoodie Mysterious Man Money\" style=\"margin-bottom: 10px\" \/><\/div>\n<p>The US Department of the Treasury has announced sanctions against the virtual currency mixer Tornado Cash, which it claims has helped launder more than $455m for the Lazarus Group, a hacking organization associated with the North Korean government.<\/p>\n<p>The sanctions prohibit Americans from using the mixer and freeze any of its US assets.<\/p>\n<p>The Lazarus Group \u2013 a North Korean state-sponsored hacking group \u2013 is under US sanctions and has been responsible for several significant data breaches, including one against Sony Pictures in 2014.<\/p>\n<p>A United Nations panel that monitors sanctions on North Korea has accused Pyongyang of using stolen funds to support its nuclear and ballistic missile programs to circumvent sanctions.<\/p>\n<div class=\"schema-post-type-header \">\n<div class=\"title-header\">\n<h2> US sanctions cryptocurrency service allegedly used by North Korea for money laundering <\/h2>\n<\/p><\/div>\n<div class=\"img-holder\">\n\t\t<img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2022\/08\/220228105352-hackers-super-tease.jpg\" alt=\"\" \/>\n\t<\/div>\n<div class=\"meta-holder\">\n<p>The US Treasury on Monday sanctioned Tornado Cash, a virtual currency mixer, for its use by cybercriminals, including those under US sanctions.<\/p>\n<p>\t\t<a target=\"_blank\" class=\"read-more\" href=\"https:\/\/www.cnn.com\/2022\/08\/08\/politics\/us-cryptocurrency-sanctions-north-korea\/index.html\" rel=\"nofollow noopener\">Continue reading on <span>CNN<\/span> <\/a>\n\t<\/div>\n<\/div>\n<p><\/p>\n<div class=\"schema-post-type-header \">\n<div class=\"title-header\">\n<h2> Tornado Cash crackdown by Treasury puts honest crypto investors at risk of criminal exposure <\/h2>\n<\/p><\/div>\n<div class=\"img-holder\">\n\t\t<img decoding=\"async\" src=\"\" alt=\"\" \/>\n\t<\/div>\n<div class=\"meta-holder\">\n<p>The U.S. Treasury\u2019s blacklisting of Tornado Cash on Monday will do more than just take down criminals.<\/p>\n<p>\t\t<a target=\"_blank\" class=\"read-more\" href=\"https:\/\/www.cnbc.com\/2022\/08\/08\/tornado-cash-crackdown-by-treasury-punishes-honest-crypto-investors.html\" rel=\"nofollow noopener\">Continue reading on <span>CNBC<\/span> <\/a>\n\t<\/div>\n<\/div>\n<p><\/p>\n<div class=\"schema-post-type-header \">\n<div class=\"title-header\">\n<h2> N.Korea may be behind new $100 mln cryptocurrency hack, experts say <\/h2>\n<\/p><\/div>\n<div class=\"img-holder\">\n\t\t<img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2022\/08\/VKWMSHNSDZPIRKKTIRLJQNIRG4.jpg\" alt=\"\" \/>\n\t<\/div>\n<div class=\"meta-holder\">\n<p>North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a U.S. company, three digital investigative firms have concluded.<\/p>\n<p>\t\t<a target=\"_blank\" class=\"read-more\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/nkorea-may-be-behind-new-100-mln-cryptocurrency-hack-experts-say-2022-06-30\/\" rel=\"nofollow noopener\">Continue reading on <span>Reuters<\/span> <\/a>\n\t<\/div>\n<\/div>\n<p><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: TG Daily &#8211; <a href=\"https:\/\/tgdaily.com\/cryptocurrency-and-blockchain\/u-s-announces-sanctions-against-currency-mixer-firm-tornado-cash\/\" target=\"_blank\" rel=\"noopener\">U.S. Announces Sanctions Against Currency Mixer Firm Tornado Cash<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Department of the Treasury has announced sanctions against the virtual currency mixer Tornado Cash, which it claims has helped launder more than $455m for the Lazarus Group, a hacking organization associated with the North Korean government. The sanctions &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1041536\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1041537,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[108,110],"tags":[109],"class_list":["post-1041536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tg-daily","category-unfiltered-rss","tag-tg-daily"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1041536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1041536"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1041536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1041537"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1041536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1041536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1041536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}