Despite sanctions, crypto traders are still using Tornado Cash.#togrp7
On Monday, transaction volumes on Tornado Cash reached $2.45 million with most transactions involving 1 or more ether (ETH). Transaction volume climbed to $2.99 million on Tuesday, as more users sent amounts of 0.1 ether through the smart contract. Mixing services split up amounts of cryptocurrency into specific accounts, making it easier to mix all the money around without leaving a trail.
The increase in smaller transactions may be linked to a protest over sanctions involving a user sending small amounts of ether to well-known crypto individuals and celebrities. Those targeted by the wallet dusting on Tuesday included names like Coinbase CEO Brian Armstrong, late-night TV’s Jimmy Fallon, YouTuber Logan Paul and basketball star Shaq.
