Despite the OFAC sanctions in

Cointelegraph Bitcoin & Ethereum Blockchain News

Despite the OFAC sanctions in August 2025, there is still currently over 120,000 ETH in Tornado Cash’s pools on Ethereum - an amount worth slightly under $200M.

According to a May 6 alert from blockchain security firm Certik, an address linked to the AnubisDAO rug pull deposited 3,000 ETH into the sanctioned crypto tumbler Tornado Cash

According to Blockchain data

Tornado Cash is a decentralized non-custodial privacy solution built on the Ethereum blockchain-based zero-knowledge proofs. It enables users to break links in on-chain

According to Blockchain data, the currency was launched in the early hours of the morning and listed on BSC-based PancakeSwap shortly after. In the following hours, W3M saw over 1,800 transactions and over 1,000 holders, at the time of writing. However, five hours after its issuance, the mysterious creators Ver más

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Attacker behind AnubisDAO rug pull transfers another $5.9m to

When a user deposits crypto

When a user deposits crypto, such as Ether (ETH), Tornado Cash generates a cryptographic note, which the user can later use to withdraw the same amount to a different

The data also shows that a significant proportion of tokens on Ethereum and Binance Smart Chain are designed to defraud investors. Specifically, 8% of all Ethereum

On August 8th, the popular Ethereum smart-contract mixer Tornado Cash was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) for its role in

Tornado Cash

Tornado Cash, an Ethereum-based virtual currency mixer, plays a significant role in concealing the origins and destinations of cryptocurrency transactions.