Although cryptocurrency is not as untraceable as some users believe, it is still feasible to conceal the source of payments using specialized services, particularly decentralized ones like Elliptic. Regulators have begun to take note. Tornado Cash, a decentralized mixer meant to disguise the origins of cryptocurrency, was sanctioned earlier this week by the US Department of Treasury. In May, it made a similar step with the mixer Blender.io. In each of those instances, the government cited the purported usage of the services by North Korean hacking organizations.
