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US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering

  • US Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering.
  • The sanctions were lifted following a legal battle and exercise of Treasury's discretion.
  • Tornado Cash, accused of laundering stolen crypto from hacks carried out by North Korea, was previously under sanctions.
  • The Treasury remains concerned about the threat of crypto hacks from North Korea.

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