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Tornado Cash Sees about 80% Deposit Decline following OFAC Sanctions: Report

In just about a week since the United States Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a ban on the crypto mixer, Tornado Cash, the total deposits on the platform have plummeted remarkably.  According to data from The Block’s Research, the recorded deposit into Tornado Cash came in at $6 million following the …

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