Ethereum mixer Tornado Cash now blocks sanctioned addresses (via Yogita_Khatri5)
The news comes a day after the Treasury Department added an Ethereum address tied to last month’s Ronin hack to its sanctions list.
Tornado Cash co-founder Roman Semenov said that the changes are made only at the frontend, i.e., at its decentralized application level.Tornado Cash, a popular Ethereum mixer that helps obfuscate crypto transactions, has said that it will block crypto addresses sanctioned by the Office of Foreign Assets Control — an enforcement agency of the US Treasury Department.
The news means OFAC-sanctioned crypto wallet addresses will now not be able to use Tornado Cash."Maintaining financial privacy is essential to preserving our freedom, however, it should not come at the cost of non-compliance,"Tornado Cash said it uses the Chainalysis oracle — a smart contract that validates if a crypto wallet address has been included in a sanctions designation — to block OFAC-sanctioned crypto addresses.
Tornado Cash co-founder Roman Semenov said that the changes are made only at the frontend, i.e., at its decentralized application level."The smart contracts are immutable," Semenov said in a tweet on Friday."The protocol and the frontend are different things."Last year, decentralized protocols Uniswap and 1inch also blocked some services from their frontend. Uniswap
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