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Yes, Tornado allows you to obtain ETH that is divorced from the original (potentially criminal) source. But exchanges and anyone with a block explorer can still see that your clean wallet received 100 ETH from the Tornado withdrawal address. Exchanges in America at least are supposed to consider accounts receiving funds from mixers as "high risk" and apply extra scrutiny/shut down accounts. There are exchanges in Hong Kong and most of the former Soviet Union that ignore these kind of rules but Tornado still doesn't really "clean" the money in the sense of giving you readily spendable money in a bank account. I guess it may be useful in the process of doing so.

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It's extremely useful.

> Exchanges in America at least are supposed to consider accounts receiving funds from mixers as "high risk" and apply extra scrutiny/shut down accounts.

I believe there's a level (I think $3000) for the "travel rule"[1] to apply.

It's obviously easy to bounce the money through some "NFT sales" too if you want.

[1] https://www.fincen.gov/sites/default/files/advisory/advissu7...