Crypto Pro Who Called the CAKE Surge Sees Tornado Cash Hitting $370
The Tornado Cash price rose sharply on Friday after the crypto mixer network secured another legal milestone in the US. The TORN token soared to a high of $15.55 on Friday, its highest level since January 26 this year. It has jumped by over 145% from its lowest level this year.
TORN price jumped after the Office of Foreign Assets Control (OFAC) removed the sanctions on the network. This decision occurred after a court ruled that the office exceeded its authority when it placed sanctions on the company.
The US government had accused Tornado Cash of facilitating crime because of its business model. Ideally, the government can track crypto movements since the information is…
