US OFAC removes Tornado Cash from its sanctions list
The US Treasury’s Office of Foreign Assets Control (OFAC) has removed Tornado Cash, a well-known crypto mixing service, from its Specially Designated Nationals (SDN) List. However, one of its founders, Roman Semenov, remains under sanctions. This announcement was made in a press release on Friday. Tornado Cash had been blacklisted since August 2022. The Treasury Department accused it of helping criminals launder stolen assets. Authorities claimed that groups like the