News
Ethereum co-founder Vitalik Buterin was one of the first to deposit on the platform, sending one Ether.
7030
Latest Tornado Cash News
Tornado Cash is a cryptocurrency transaction privacy tool built on the Ethereum network. It uses privacy-enhancing tools termed crypto mixers to obscure the origin and destination of cryptocurrency transactions.
By mixing multiple transactions together, crypto mixers make it hard to trace the flow of funds, boosting user privacy and security.
North Korean hackers rely on services like Tornado Cash to conceal the origin of their ill-gotten funds. On Aug. 8, 2022, the U.S. Department of Treasury’s Office of Foreign Assets Control sanctioned Tornado Cash, accusing it of money laundering.
- News
The US Treasury says because it dropped Tornado Cash from its sanctions list on March 21, the legal challenge against it should be considered moot.
45591 - News
The removal follows a January ruling by a US appeals court saying the sanctions were unlawful.
5403 - News
Bybit has already paid out $2.2 million for “bounty hunters” who can provide valuable information on the Lazarus Group’s transaction patterns related to the stolen funds.
6209 - News
The Ethereum Foundation donated $1.25 million to support Tornado Cash developer Alexey Pertsev’s legal defense as he prepares to appeal his money laundering conviction in the Netherlands.
3073 - News
Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.
24364 - News
The crypto community and privacy advocates worldwide have been closely following Alexey Pertsev’s legal battle and the Tornado Cash case.
10039 - Analysis
Speaking to Cointelegraph, Pertsev’s lawyer explained how bail will help Pertsev in his efforts to coordinate a defense.
1173 - News
Pertsev has been working on his appeal after being found guilty of money laundering by a Dutch court in May 2024 — receiving five years and four months.
2324 - Newsletter
A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto.
9594 - News
In a win for crypto privacy technologies, a US court in Texas has overturned Tornado Cash sanctions.
10962 - News
Many in the crypto industry have criticized US authorities for sanctioning Tornado Cash smart contract addresses and charging developers with money laundering.
5469 - News
ASIC sues Binance Australia for misclassification of clients. Interpol targets Hex’s founder with a Red Notice. Tornado Cash updates emerge.
3512 - News
Tornado Cash co-founder Roman Storm has petitioned a judge to drop criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.
12256 - News
Durov said that he “trusts the French justice” system but refused to elaborate on the legal proceedings.
13964