Despite Sanctions Tornado Cash Laundered Over $550m in 2023
Notorious crypto mixing service Tornado Cash laundered more than half a billion worth of crypto in 2023.
Although the U.S. imposed sanctions against Tornado Cash , the mixing service is still helping criminals launder cryptocurrencies.
In 2023 alone, Tornado Cash saw around 314,740 ETH in withdrawals, valuing at around 818.3 million at current prices.