Tornado Cash sanctions reveal compliance issues with Ethereum users

From Cointelegraph
August 7, 2024 5:34 pm:

Cooperation with the US Treasury sanctions on Tornado Cash was strongest among users, according to reports. The level of cooperation decreased further along the settlement chain, indicating varying degrees of compliance within the crypto ecosystem. This highlights challenges in enforcing regulations in decentralized finance platforms.

Read more at Cointelegraph: Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed