Arkham: Tornado Cash is still the largest cryptocurrency mixer on Ethereum after being sanctioned by the US Treasury Department

CoinVoice recently learned that on October 10, the crypto data tracking platform Arkham published an article stating that even after Tornado Cash was sanctioned by the U.S. Treasury Department in August 2022, it was still the largest cryptocurrency mixer on Ethereum. In the past 30 days, $77.35 million in assets were transferred on the Ethereum mainnet through Tornado Cash.

Tornado Cash runs on 7 different blockchains and can mix 10 cryptocurrencies. The most mixed asset is the native ETH on the Ethereum mainnet. At its peak in July 2021, Tornado Cash pool contracts held more than $700 million in ETH.

After being sanctioned by the U.S. Treasury Department, Tornado Cash’s assets dropped by more than 60%, and the transfer volume also dropped significantly. Tornado’s TVL is currently about $187.9 million. [Original link]