The laundered assets include over $450 million stolen by North Korea based 'Lazarus Group' that was sanctioned by the US government in 2019. Tornado Cash is an open-source, non-custodial, decentralized cryptocurrency mixer that runs on the Ethereum blockchain. Though it is true that in cryptocurrency transactions, parties can transact between themselves without revealing their identities and involving intermediaries, this isn’t true anonymity. This problem was solved by the introduction of coin mixing technologies into the cryptocurrency ecosystem that enhance user privacy by making transactions untraceable.