Justin Sun’s AAVE account is back up and running after almost a day of account suspension for allegedly interacting with Tornado Cash after AAVE complied with OFAC sanctions.
Justin Sun’s AAVE Account Is Active Again
As updated in an earlier Coincu News article, Peckshield revealed that over 600 wallets were affected by the AAVE ban including Justin Sun.
After the accounts were locked, AAVE also responded to OFAC’s compliance with sanctions. The DeFi lending protocol says it has updated the TRM API on their app, which is responsible for blocking addresses that receive ETH from unknown sources via Tornado Cash.
Diplomat and founder of the TRON network, Justin Sun, confirmed that one of his addresses was blocked from using the Ethereum decentralize finance (DeFi) protocol Aave. Via Twitter, Sun claims that he received 0.1 ETH from Tornado Cash leading to his address being added and blocked by the protocol.
However, after nearly a day of not being able to access the account, Justin Sun is now able to access his AAVE account.
The TRON founder is also just one of many well-known figures in the crypto industry and outside the space, who have received money from Tornado Cash. Over the past week, well-known individuals have been sent funds from the Ethereum decentralized exchange following sanctions imposed by the US Treasury Department.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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DeFi
Justin Sun Regained Access To Aave
Justin Sun’s AAVE account is back up and running after almost a day of account suspension for allegedly interacting with Tornado Cash after AAVE complied with OFAC sanctions.
Justin Sun’s AAVE Account Is Active Again
As updated in an earlier Coincu News article, Peckshield revealed that over 600 wallets were affected by the AAVE ban including Justin Sun.
After the accounts were locked, AAVE also responded to OFAC’s compliance with sanctions. The DeFi lending protocol says it has updated the TRM API on their app, which is responsible for blocking addresses that receive ETH from unknown sources via Tornado Cash.
Diplomat and founder of the TRON network, Justin Sun, confirmed that one of his addresses was blocked from using the Ethereum decentralize finance (DeFi) protocol Aave. Via Twitter, Sun claims that he received 0.1 ETH from Tornado Cash leading to his address being added and blocked by the protocol.
However, after nearly a day of not being able to access the account, Justin Sun is now able to access his AAVE account.
The TRON founder is also just one of many well-known figures in the crypto industry and outside the space, who have received money from Tornado Cash. Over the past week, well-known individuals have been sent funds from the Ethereum decentralized exchange following sanctions imposed by the US Treasury Department.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
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