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Re:Republishing a fork of the sanctioned Tornado Cash reposi... by EddySchauHai on Monday August 22, 2022 @08:22PM (#32559047)
That's almost 0.3% of the money estimated to be laundered in the US through traditional means, and 0.05% of the estimated money laundered globally.
Re:Republishing a fork of the sanctioned Tornado Cash reposi... by acdha on Monday August 22, 2022 @09:03PM (#32559326)
It is a much larger percentage of North Korea’s total economy, however, and I think that’s going to turn out to be the primary motivation here: not that OFAC woke up one morning and said that Tornado Cash is public enemy #1 but that the people watching North Korea saw that ransomware proceeds were being laundered using this specific system and wanted to stop it.