A Tornado Cash user “Dusts” hundreds of public wallets
CryptoPress
The Treasury Department of the United States prohibited recently Tornado Cash, a method for mixing Ethereum tokens. Tornado Cash pools transactions to obscure their origins and make it more difficult to ascertain where digital currency was being transported.
Now, an anonymous troll is sending Ethereum to celebrities from a Tornado Cash wallet, ostensibly to demonstrate how difficult it would be for the United States government to enforce its prohibition on the mixing service.
Jimmy Fallon, the CEO of Coinbase, and YouTuber Logan Paul are among the celebrities whose Ethereum wallets have been “dusted” by the troll, in the sense that they have received little amounts of Ethereum.
It is currently banned for U.S. citizens to use Tornado Cash, including accepting payments from Tornado Cash-using addresses. In reality, though, it is difficult to block bitcoin transfers to a public wallet address.
The police stated that criminals, including Lazarus Outfit, a hacking gang backed by the North Korean government, used the application to launder billions of dollars in illegal payments.
Photo: Mika Baumeister on Unsplash.
© 2024 Cryptopress. For informational purposes only, not offered as advice of any kind.
Latest Content
- Crypto Market Update: April 25, 2024
- Renzo’s Restaked ETH Depegs to $700: DeFi Platforms Gearbox and Morpho Face Liquidations
- Crypto Market Update: Insights and Trends for April 23, 2024
- On April 24, the $RTF Token from Oleksandr Usyk’s READY TO FIGHT Project Will be Listed on WhiteBIT
- Crypto Market Update: Key Trends and Insights for April 22, 2024
Related
- The US bans the Ethereum mixing tool Tornado Cash The U.S. Treasury Department baned Tornado Cash, a mechanism for mixing Ethereum coins....
- Coinbase Coinbase is the world’s biggest crypto exchange headquartered in the U.S....
- Crypto Events Archive A growing list of past crypto and blockchain events from around the world. Conferences, workshops, meetups, hackathons, conferences....
- Bitcoin Cash Vs. Bitcoin: What is the difference? Does Bitcoin cash have advantages over Bitcoin? If you’re new to the crypto world, you might not even know what Bitcoin Cash is. Basically, Bitcoin Cash (BCH) is a cryptocurrency branch created from the original Bitcoin currency. It came into...