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TRM Labs: Tornado Cash Sanctions Create New Problems for Crypto Firms Trying to Comply with US Regulations.



Time:8/16/2022 12:29:06 PM

Jinse Finance reported that TRM Labs, a blockchain intelligence agency that cooperates with Uniswap and Aave and provides compliance support, released research on Tornado Cash regulation The report, the report pointed out that the supervision of Tornado Cash by the Office of Foreign Assets Control (OFAC) is different from the past. Unlike the past, which only monitors a specific address, Tornado Cash is a smart contract, and anyone can use Token for any purpose. Sending to unsuspecting address owners, what to do with tainted addresses will be a regulatory conundrum.

As previously reported, on August 10, according to on-chain data, an anonymous user sent 0.1 ETH to a series of encrypted wallets. The owners of the receiving addresses included EthHub co-founder Anthony Sassano, encrypted trader Loomdart, and Coinbase CEO Brian Armstrong. Talk show host Jimmy Fallon, YouTuber Logan Paul and Mark Zuckerberg's sister Randy Zuckerberg, among others.

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