Source: International Business Times
Cryptocurrency mixer Tornado Cash has been under scrutiny since last year after the DOJ indicted two of its founders for allegedly facilitating billions in laundered funds through the service. Alesia Kozik/Pexels. com KEY POINTSA total of $69 million was laundered through Tornado Cash in Q1 2024: CertiKThe crypto mixer's two founders were indicted by the DOJ for allegedly helping North Korea launder billionsOne Tornado Cash founder has moved to dismiss the indictmentDecentralized cryptocurrency mixer Tornado Cash was the preferred choice by most "malicious actors" in their transactions linked to crypto security incidents in the first quarter of the year, a blockchain security firm revealed in a new report.
