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Tornado Cash-Funded Wallet Accumulates $26 Million in Bitcoin and Ether

(4 hours ago) · 1 source · Summarized by CryptoBipto

A cryptocurrency wallet funded through Tornado Cash, a privacy-focused mixing protocol, has built up a trading position worth approximately $26 million in Bitcoin and Ether. The origin and identity of the wallet's owner remain unknown due to the obfuscation provided by Tornado Cash.

WHY IT MATTERS

Tornado Cash is a tool that works like a digital blender for cryptocurrency — it mixes together many people's transactions so that it becomes very difficult to trace where the money originally came from.

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SOURCES

  • thedefiant.io

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