🚨 Crypto world news! 🚨
- Tornado Cash, despite sanctions and litigation, received $1.9 billion in deposits in the first six months of 2024 - 50% more than in the entire 2023.
- OFAC sanctioned Tornado Cash in 2022 due to the protocol's use by North Korean hackers to launder $455 million.
- Hackers continue to actively use Tornado Cash: $76 million from the Poloniex hack, $166 million from HECO Bridge and $48 million from Orbit Chain.
Source: Flipside Crypto