Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics firm has shared.
On Aug. 8, the Office of Foreign Assets Control (OFAC) announced
This week, a separate report from blockchain security firm SlowMist also gave some indications about the type of money that flowed through Tornado Cash in 2022. According to the firm’s research, 1,233,129 Ether (ETH) worth $1.62 billion was deposited into the platform last year, with 1,283,186 ETH pulled out ($1.7 billion).
3/ TornadoCash: In 2022, users deposited a total of 1,233,129 ETH to it and withdrew 1,283,186 ETH from it.
ChipMixer: In 2022, users deposited a total of 40,065.33 BTC to it and withdrew 22,582.44 BTC from it.
View the full PDF report for additional details. pic.twitter.com/ib2KnnpN9b
— SlowMist (@SlowMist_Team) January 9, 2023
