Virtual Currency Platform ‘Tornado Cash’ Accused of Aiding APTs

The U.S Treasury has blocked the operations of the virtual currency mixer, Tornado Cash, due to accusations of involvement in a major security breach. Tornado Cash allegedly aided several APTs (Advanced Persistent Threats) by laundering over $7 billion on behalf of the hackers. Significant among these illicit transactions was a sum of $455 million reportedly used to fuel North Korea’s missile program. Thus, Tornado Cash’s platform was exploited as a channel to sponsor what essentially is a threat to global security.

Published: Tue, 09 Aug 2022 17:58:46 +0000