Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions
Cointelegraph
Published Aug 09, 2022 04:15PM ET
Updated Aug 09, 2022 06:00PM ET
On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, intervals of 0.1 Ether (ETH) transactions began materializing from the smart contract to prominent figures such as Coinbase (NASDAQ:COIN) CEO Brian Armstrong and American television host Jimmy Fallon. It is not possible to trace the source of the transactions per Tornado Cash design, and as a result, either one individual or multiple individuals or entities could be involved in the operation.
Due to sanctions, it is illegal for any U.S. persons and entities to interact with Tornado Cash’s smart contract addresses, blockchain or business-wise. Penalties for willful noncompliance can range from fines of $50,000 to $10,000,000 and 10 to 30 years imprisonment.
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Written By: Cointelegraph
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