Reasons for Torn's rise:
On August 8, 2022, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added certain Ethereum addresses related to Tornado Cash to the Specially Designated Nationals and Blocked Persons List (SDN List) to impose sanctions on it. The hearing on the Tornado Cash ban will be held on April 21, 2023. Before that, people were unclear about the outcome of the meeting.