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Circle rushed to block the wallets of the Tornado Cash mixing service, which were included in the sanctions list of the US Treasury.About 75,000 USDC was stored in said wallets.
Yesterday, the US Treasury Department, at the request of the Office of Foreign Assets Control (OFAC), added Ethereum addresses associated with the Tornado Cash mixer to the sanctions list.After that, Circle blocked any USDC transactions from these addresses.Now the owners of these wallets will not be able to withdraw or exchange their stablecoins.
"Circle is a regulated company and meets all the requirements of the regulator for sanctions policy.We have reviewed sanctions and blocked Tornado Cash-related addresses identified by OFAC," Circle said.
Currently, the website of the Tornado serviceCash is not available. However, users can directly access the smart contract, or use IPFS. In addition, the GitHub platform blocked the account of one of the co-founders of Tornado Cash, Roman Semenov.
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