Security News > 2025 > March > U.S. Treasury Lifts Tornado Cash Sanctions Amid North Korea Money Laundering Probe
2025-03-22 07:32
The U.S. Treasury Department has announced that it's removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds. "Based on the Administration's review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring
News URL
https://thehackernews.com/2025/03/us-treasury-lifts-tornado-cash.html
Related news
- US charges Garantex admins with money laundering, sanctions violations (source)
- I'm a security expert, and I almost fell for a North Korea-style deepfake job applicant …Twice (source)
- North Korea targets crypto developers via NPM supply chain attack (source)
- Bybit declares war on North Korea's Lazarus crime-ring to regain $1.5B stolen from wallet (source)
- FBI officially fingers North Korea for $1.5B Bybit crypto-burglary (source)
- $1.5B Bybit Hack is Linked to North Korea, FBI Says, in Potentially the Largest Crypto Heist Ever (source)
- China, Russia, Iran, and North Korea Intelligence Sharing (source)
- North Korea’s ScarCruft Deploys KoSpy Malware, Spying on Android Users via Fake Utility Apps (source)