TheBlock
2022-08-11 11:18:00

Tornado Cash Activities After Sanctions

Quick TakeLess than 30% of Tornado Cash deposit originates from stolen funds and sanctioned entities, while a significant portion possibly comes from legitimate sources, according to Chainalysis.The number of unique users has dropped significantly after the sanction, whereas previous depositors rushed to withdraw their funds from the protocol. Some privacy advocates sent ether to crypto notables via the sanctioned protocol without their consent, as cryptocurrency wallets cannot reject incoming payments.

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