This simple action in Crypto gets you more jail time in the U.S. than murder in most of Europe
Doing this could also cause you millions in fines… but why?
In the name of justice
This week, the U.S. government has executed another blow to the face of crypto, by adding more than 44 cryptocurrency addresses allegedly connected to Tornado Cash to the Specially Designated Nationals list of the Office of Foreign Asset Control, or OFAC.
Moreover, it is now illegal to use Tornado Cash in the U.S. with a penalty of up to 30 years in prison and a fine that could also potentially reach $10 million.
Not enough, you could also get blacklisted. According to Investopedia, being blacklisted by the U.S. Treasury Department means that:
Whoever is in it, is “blocked,” or prohibited from doing business with U.S. residents and businesses.
You are essentially out of the system.
This is why Tornado Cash, the go-to crypto mixer from notorious money launders both inside and outside the U.S., has been accused of allegedly being the tool used by hacker groups like the North-Korean Lazarus Group, accused of stealing $625 million from the Axie Infinity Ronin Network hack back in…
