2 years ago
Circle’s USDC has “blacklisted” each Ethereum addresses owned by Tornado Cash listed successful the US Treasury Department’s sanction against the protocol.
A Twitter bot named USDC Blacklist, which scrapes the blockchain for USDC blocklists, highlighted the contented arsenic it tweeted aggregate times done Monday aft the authorisation was issued.
The USDC “Blacklist Policy” states that erstwhile an code is “blacklisted,” it tin “no longer person USDC and each of the USDC controlled by that code is blocked
and cannot beryllium transferred on-chain.” Thus, immoderate USDC presently held successful a Tornado Cash code is present frozen indefinitely.
The addresses tweeted retired by USDCBlacklist lucifer those connected the grounds released by the US Treasury. Further, Tornado Cash co-founder Roman Semenov has besides revealed that his Github relationship has besides been suspended pursuing the sanctions.
My @GitHub relationship was conscionable suspended 
Is penning an unfastened root codification amerciable now?
— Roman Semenov 
(@semenov_roman_) August 8, 2022
In June, Circle’s CEO, Jeremy Allaire, confirmed that a “blacklist” function exists wrong USDC to artifact addresses “when we are legally required.”
The interaction connected Tornado Cash’s quality to run is arsenic yet unknown. CryptoSlate has unfastened connection channels with the Tornado Cash team, but they person yet to reply to requests passim the day. This nonfiction volition beryllium updated with immoderate further accusation arsenic it becomes available.
The station Circle ‘blacklists’ each Tornado Cash ETH addresses efficaciously freezing USDC appeared archetypal connected CryptoSlate.
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