CryptoMixer

Treasury Lifts Sanctions on Tornado Cash: A Major Shift in Cryptocurrency Regulation

7 days ago

In a significant policy shift, the U.S. Department of the Treasury has decided to lift sanctions on the cryptocurrency mixer known as Tornado Cash. Initially imposed back in August 2022, these sanctions were part of broader efforts to address money laundering and illicit financial activities associated with virtual currencies. The move to remove these sanctions reflects a changing stance towards regulatory approaches surrounding cryptocurrency efficiency and privacy tools.

US Court Overturns Sanctions on Crypto Mixer Linked to North Korean Cyber Hack

4 months ago

In a significant legal decision, a U.S. federal court has dismissed sanctions that were imposed on a cryptocurrency mixing service allegedly involved in facilitating North Korean cyber activities. This ruling has substantial implications for the ongoing fight against cybercrime and the enforcement of U.S. economic sanctions.

Crypto Mixer Found Guilty of Facilitating Money Laundering via Bitcoin Transactions

5 months ago

In a landmark case reflecting the tightening grip of regulatory authorities on crypto operations, a federal jury has convicted a cryptocurrency mixer known as "Bitcoin Fog" of money laundering. This high-profile ruling marks a significant moment in the ongoing battle against illicit financial activities facilitated by digital currencies.

Crypto Mixer Operator Sentenced to 150 Months for Bitcoin Money Laundering Scheme

5 months ago

In a significant development within the cryptocurrency realm, a federal judge has sentenced the operator of a notorious crypto mixing service to 150 months in prison. This ruling comes as part of a broader crackdown on illicit financial activities linked to Bitcoin laundering. The individual, known for his role in facilitating anonymous transactions, has been found guilty of helping to obscure the origins of hundreds of millions of dollars in illicit gains.