News for hackers. Stuff that matters.

A comment on U.S. Treasury sanctions virtual currency mixer Tornado Cash. Parent comment

Re:U.S. Treasury sanctions virtual currency mixer Tornado Cash by SXX on Monday August 08, 2022 @11:35AM (#32386784)
At least on government and banking level there are sanctiona against bring cash USD / EUR to Russia and might be Iran / North Korea. Private person can do that, but any bank or country that will sell cash to Putin's regime will likely end up being sanctioned too.
[ Parent | on HN ]
Re:U.S. Treasury sanctions virtual currency mixer Tornado Cash by ipaddr on Monday August 08, 2022 @11:42AM (#32386910)
Like Germany?
[ Parent | on HN ]
Re:U.S. Treasury sanctions virtual currency mixer Tornado Cash by SXX on Monday August 08, 2022 @11:51AM (#32387042)
Germany dont send real paper US dollars or EUR to Russia. Instead Russia just get some more numbers on Gazprombank correspondent bank account in some EU financial institution.

There is a huge difference between what can be done with paper money vs numbers on traceable bank account.

[ Parent | on HN ]