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Tornado Cash News
Tornado Cash has been at the center of debates on privacy, regulation, and illicit transactions. Tornado Cash news follows enforcement actions, developer legal battles, and the broader implications for privacy tools in crypto. As authorities clamp down on mixers, the conversation around financial anonymity intensifies.
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On Mar. 26, an open letter signed by 34 crypto companies urged the U.S. senators and congressmen to correct the code interpretation by the Department of Justice, where the DOJ suggested that web3 developers like the Tornado Cash team were…
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Bitcoin
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Tornado cash has been ported to the newly launched MegaETH public testnet following the removal of sanctions against the protocol. The crypto privacy protocol Tornado Cash was ported to MegaETH testnet, as originally reported by The Block. Developer Gunboats named…
ETH
Ethereum
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Coinbase’s chief legal officer, Paul Grewal, has criticized the U.S. Treasury for trying to dismiss the Tornado Cash lawsuit by claiming the case is now moot. On Mar. 21, the U.S. Department of the Treasury officially removed Tornado Cash and…
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The U.S. Department of the Treasury has lifted sanctions against Tornado Cash, a decentralized cryptocurrency mixer, effectively legalizing its use for American citizens. This move reverses the August 2022 sanctions imposed by the Office of Foreign Assets Control, which had…
Follow-up
Although Bybit CEO Ben Zhou says 88% of stolen crypto is still traceable, the recent Bybit hack has been linked to an unprecedented money laundering operation. Is money laundering via crypto on the rise? Let’s break it down. BlackRock’s Larry…
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Bitcoin
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North Korea’s Lazarus Group continues its crypto laundering operations, moving illicit funds while deploying new malware to target developers and steal digital assets. On Mar. 13, blockchain security firm CertiK detected a deposit of 400 Ethereum (ETH), worth around $750,000,…
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The Ethereum Foundation will donate $1.25 to aid the legal battle of Tornado Cash developer Alexey Pertsev. The Ethereum Foundation has announced a donation of $1.25 million to support the legal defense of Alexey Pertsev, a developer of Tornado Cash.…
ETH
Ethereum
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Alexey Pertsev, the Tornado Cash developer convicted of money laundering in 2024, has been released from prison under electronic monitoring as he continues his legal battle. The 31-year-old Russian national, sentenced to 64 months in a Dutch prison last May,…
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Tornado Cash developer Alexey Pertsev claims he will be released from prison on Feb. 7 after a Dutch Court canceled his pretrial detention in exchange for electronic monitoring. In a post on X, Pertsev declared that he will be released…
TORN
Tornado Cash
Follow-up
On Jan. 22, Roman Storm, a co-founder of the privacy-focused cryptocurrency protocol Tornado Cash, shared his thoughts about the ongoing money-laundering conspiracy prosecution against him on X. Members of the crypto dev community showed their support. Over the years, Tornado…
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Tornado Cash’s TORN token jumped 124% on Jan. 22 as speculators reacted to news that a court ruling lifted U.S. sanctions on the platform’s smart contracts. Tornado Cash’s (TORN) token surged 124% on Jan. 22 following a Jan. 21 court…
TORN
Tornado Cash
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Crypto security expert Michael Lewellen has sued the U.S. Department of Justice for its “flawed and unjust” approach to blockchain code development.
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The U.S. Department of Justice has indicted three Russian nationals for operating sanctioned crypto mixers allegedly tapped by North Korean criminals.
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A U.S. appeals court ruled that the Treasury exceeded its authority by sanctioning Tornado Cash’s immutable smart contracts, declaring them outside the scope of federal property laws. On Nov. 26, the Fifth Circuit Court of Appeals overturned a prior ruling…
TORN
Tornado Cash
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District Judge Katherine Polk Failla ruled in favor of a trial against Tornado Cash and Roman Storm, causing an outcry from the crypto community. Judge Failla denied the defendants’ motion to dismiss, asserting that the possible uses of code were…
News
The WazirX exploiter continues to move thousands of the stolen assets across new wallets, with part of the latest batch laundered through crypto mixer Tornado Cash. Blockchain security platform Cyvers recently indexed the transfer of exactly 5,001 Ethereum (ETH) from…
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