U.S. Lifts Sanctions on Tornado Cash Crypto Mixer

The United States Department of the Treasury announced today the lifting of sanctions against the cryptocurrency mixer Tornado Cash, which was used by North Korean hackers from the Lazarus group to launder hundreds of millions of dollars stolen in multiple cyberattacks. Tornado Cash had been sanctioned due to its use by cybercriminals to conceal the origin of illegal funds. The decision to lift the sanctions comes after a period of restrictions imposed by the U.S. government.