CrypTalk ep 6 - Tornado Cash sanctions, mixing services and how to keep and move your crypto safely

Loading player...
In this episode of CrypTalk, Ross Sinclair speaks to Gaurav Nair of Jaltech about the sanctions against Tornado Cash, a cryptocurrency mixing service which was designed for privacy, but was abused for money laundering by the North Koreans, which caused the Office of Foreign exchange control (OFAC) to crack down on the service. Also discussed is how to store your crypto safely and what risks you potentially face with each different service. For more information about Jaltech: https://www.biznews.com/jaltech-cryptocurrency-notes Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Aug 2022 11AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min