- Tornado cash prices rose more than 55% after removing encryption mixers from sanctions list.
- The tearing was the highest of $ 15.23 and prepared for more profit.
Tornado Cash, a popular personal information protection -oriented Ether Leeum mixer, has been removed from the United States.
A list of OFAC sanctions. Today’s announcement by the US Treasury has triggered a rapid rally at a torn price.
Governance tokens of Etherrium -based encryption mixers increased 55% within several hours after the news.
The United States refuses tornado cash from the sanctions list.
Removing tornado cash from the OFAC sanctions list will be the pivotal moment of the decentralized personal information protection tool faced with the investigation after being climbed to the blacklist in August 2022.
OFAC previously condemned a mixer of illegal transactions, including the laundry of organizations such as North Korean screws.
Sanctions have been argued for American people from interacting with tornado cash, frozen Etherrium addresses, and controversy over privacy, decentralization and regulations.
Today’s announcement cancel the attitude with the authorities who stated that tornado cash, website and related smart contracts are no longer sanctioned.
This measure is considered a victory of a person who advocates personal information protection technology in the blockchain space, but some Experts open It is not enough to remove the platform from the blacklist.
Torn prices soar in market excitement
The market response to the OFAC presentation saw the price rose to $ 15.23. This is the highest since the end of January 2025.
However, the daily trading volume decreased by 58%, resulting in a decrease in sales as the trader turned over.
Tornado cash is the core player of the encryption market, especially personal information protection -oriented users. Can this help to tear the price? The highest record of the token is $ 436.
Earlier this year, Tornado’s cash surged 170% after the US court overturned sanctions.