Tornado Cash was sanctioned by OFAC in 2022 and removed from the sanctions list in March 2025
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Storm was charged in 2023 with conspiracy to commit money laundering and sanctions violations in operating Tornado Cash. Storm has tried to dismiss the charges, citing First Amendment violations, and his trial was later delayed, though it is now set to start this summer. The Treasury Department's Office of Foreign Assets Control sanctioned Tornado Cash in 2022, which was later removed in March of this year.
In March, the U.S. Treasury removed Tornado Cash from its list of entities sanctioned by the Office of Foreign Assets Control, or OFAC. The restrictions, which prevented anyone in the U.S. from using the service, were first imposed in 2022. At the time, the U.S. Treasury said that Tornado Cash had been used to “launder more than $7 billion” since its creation in 2019.
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