U.S. Department of the Treasury’s Office of Foreign Assets Control said that cybercriminals regularly used Tornado Cash to launder money amounting to more than US$7 billion since 2019.

Click here to read the full article.

Recommended for you

South Korea seeks wider, stricter Travel Rule enforcement
South Korea’s Financial Intelligence Unit urges expanding FATF’s crypto Travel Rule, calling for stricter AML controls and stronger global enforcement.
June 29, 2026
The Philippines’ tech struggles rooted in poor implementation
Philippines embraces digital innovation with AI initiatives and digital banks, yet implementation remains a challenge, says all-women panel at AIBC...
June 29, 2026
Advertisement
Advertisement