Tornado Cash Sanctions Worked, Says New York Fed

Reading Time: 2 minutes The New York Federal Reserve has reported that sanctions against Tornado Cash have led to a significant drop in its usage The sanctions, imposed in August 2022, have had an immediate and lasting impact on Tornado Cash Despite this, the Federal Reserve has noted that some pools have returned to pre-sanction levels The New York Federal Reserve has claimed that sanctions against mixing service Tornado Cash were successful...

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