Last month, the U.S. Treasury Department's Office of Foreign Asset Control delisted Tornado Cash from its sanctions list, months after an appeals court ruled that the watchdog could not designate the mixer's smart contracts.
- 0 replies
- 0 recasts
- 0 reactions
As a baseline, any crypto custody partner should take an end-to-end approach to security, involving multiple lines of defense for every transaction. The custody partner should also have in place robust technology to help ensure every transaction reflects client intent. Keeping assets legally separated from those of other clients and the firm can help to mitigate risk.
- 0 replies
- 0 recasts
- 0 reactions
But off-ramping billions in value isnβt easy. North Korea has stolen more than $5 billion since 2017, according to TRM.
- 0 replies
- 0 recasts
- 0 reactions