Ameya Vikram Mishra on Muck Rack

Ameya Vikram Mishra

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The Law and Economics of Blacklisting

|
By Oxford Law Faculty, Sophie Vermeille, Ameya Vikram Mishra, Paul Oudin
| University of Oxford
The crackdown on Tornado Cash, the crypto mixing service, continues a recent trend of regulators using blacklisting as a key enforcement tool. Tornado Cash was blacklisted by the Treasury Department for allegedly helping launder over $7 billion cryptocurrencies, some of which are believed to be the proceeds of cybercrimes. The meaning of this sanction is that Americans can no longer legally use Tornado Cash.
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