04-10-2022 14:45 via newsbtc.com

Tornado Cash Sees Drop In Activity After U.S. Treasury Sanctions – What Now For TORN?

The value of Tornado Cash is decreasing, not due to market factors but because of recent controversies. The Office of Foreign Assets Control recently added Tornado Cash to its list of Special Designated Nationals. That means no one from the United States may use the token.
By taking this action, OFAC has effectively banned Tornado Cash from participating in one of the most important cryptocurrency markets.
Many owners of Tornado Cash’s native coin, TORN, also liquidated their inv
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