🚀 Crypto hot news: Tornado Cash skyrocketed by 50% in deposits in the first half of 2024, despite sanctions from OFAC! 🌪️

- Tornado Cash received $1.9 billion in deposits, an increase of 50% compared to the whole of 2023.

- OFAC sanctions from 2022 due to involvement in North Korea's Lazarus hacker group.

- Hacker Poloniex transfers $76 million, HECO Bridge and Orbit Chain transfer $166 million and $48 million into Tornado Cash.

- The $235 million WazirX hack also involved Tornado Cash.

📊 Ether remains the most popular asset on Tornado Cash.

- Many large crypto companies such as Coinbase are suing this sanctions.

- The US Treasury Department considers crypto mixers a national security threat.

💬 What do you think about this situation? Comment now!