Cryptomixer Tornado Cash blocked by decision of the US Department of the Treasury due to suspicion of laundering 7 billion dollars since 2019:
According to the report, North Korean hacker group Lazarus Group, laundered through Tornado Cash, at least $455 million. In addition, through the mixer laundered $96 million Harmony Bridge after being stolen on June 24, 2022.
The decision of the US Department of the Treasury led toblocking some USDC addresses, in connection with which a debate broke out in social networks regarding the “centralization” of the USDC stablecoin and the ability of Circle to freeze accounts associated, in turn, with liquidity pools on ETH. All in all, it looks like things could end badly for both Tornado Cash and many privacy-focused cryptocurrencies. Source