Tornado Cash Deliting | US Treasury Department

Washington on the basis of the examination of administrations of new legal and political questions raised by the use of financial sanctions against financial and commercial activities occurring in the evolution of technology and legal environments, we exercised our discretion to abolish economic sanctions against the Tornado Treasury, as evidenced by the Treasurys deposit on Monday in Van Loon c. Department of the Treasury.

We remain deeply concerned about the hacking and money laundering campaign sponsored by the state aimed at flying, acquiring and deploying digital assets for the Republic of the Democratic Peoples of Korea (DPRC) and the Kim regime. The Treasury remains determined to use our authorities to expose and disrupt the capacity of malicious cyber-actors to take advantage of their criminal activities thanks to the exploitation of digital assets and the digital asset ecosystem. We are also committed to applying our sanctions against DRPK to force the capacity of regimes to finance its weapons of mass destruction and ballistic missile programs. The Treasury will continue to closely monitor all transactions that could benefit from malicious cyber-actors or RPDC, and American people should be cautious before engaging in transactions that have such risks.

Digital assets have enormous opportunities for innovation and value creation for the American people, said Treasury Secretary Scott Bessent. It is essential to secure the digital asset industry of northern abuses and other illicit actors to establish American leadership and ensure that the American people can benefit from innovation and financial inclusion.

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