Casten Urges Treasury to Address Use of Crypto Mixers to Hide Illicit Activity
November 18, 2024
November 18, 2024
WASHINGTON, Nov. 18 -- Rep. Sean Casten, D-Illinois, issued the following news release:
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Today, U.S. Congressman Sean Casten led six of his colleagues on the House Financial Services Committee in urging the Biden Administration to address the illicit uses of cryptocurrency mixing services, like Tornado Cash, which present serious national security risks.
"On August 8, 2022, the Treasury Department's Office of Foreign Assets Control (OFAC) sancti . . .
* * *
Today, U.S. Congressman Sean Casten led six of his colleagues on the House Financial Services Committee in urging the Biden Administration to address the illicit uses of cryptocurrency mixing services, like Tornado Cash, which present serious national security risks.
"On August 8, 2022, the Treasury Department's Office of Foreign Assets Control (OFAC) sancti . . .