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Tornado Cash Developers Storm, Pertsev Raise Over $350K for Legal Defense With Support From Snowden
24.1.2024
A legal fund for the defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev has received more than $350,675 and public support from Edward Snowden, the former NSA whistleblower
Edward Snowden Urges Crypto Community to Fund Tornado Cash Pioneer’s Legal Defense
24.1.2024
Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense. Storm and his co-founder Semenov were arrested in Aug. 2023 for alleged sanctions violations in the US through their crypto mixing service, accused...
Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US
23.1.2024
Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws. Roman Storm Pledges Vigorous...
Tornado Cash Co-Founder Expresses Concerns About Upcoming Trial on Money Laundering Charges
23.1.2024
Roman Storm, co-founder of Tornado Cash, a controversial cryptocurrency mixer, expressed fear and sought support from right-to-privacy advocates in anticipation of his upcoming criminal trial. Storm faces three charges, including conspiracy to commit money laundering, operating an unlicensed...
South Korea Seeks Regulation Against Crypto Mixers Citing Illegal Use Cases
15.1.2024
Source: AdobeStock South Korean regulators seek to introduce new laws that would sanction the use of cryptocurrency mixers in the country to curb the rate of illicit financial activities. According to local news outlets, the Financial Intelligence Unit is considering rolling out new regulations...
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
6.1.2024
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on any of its “public-facing vaults.”...
Crypto Crooks Sent Over $300M to Bitcoin Mixers in 2023: CertiK Research
14.12.2023
Following the demise of the popular crypto mixing protocol, Tornado Cash, the Bitcoin ecosystem has become a preferred avenue for discreet fund movement, according to research by blockchain analytics firm CertiK. In its recent report, CertiK, known for conducting smart contract audits and on-chain...
Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers
1.12.2023
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on yet another cryptocurrency mixing platform, labeling Sinbad.io as a “key money-laundering tool” used by the North Korean Lazarus Group crime syndicate. Sinbad.io, in addition...
TORN Token Price Tanks 60% Following Binance Delisting News – Here’s What Happened
28.11.2023
Source: Adobe / maurice norbert TORN, the governance token of the Ethereum-based coin mixing protocol Tornado Cash, lost more than half of its value within just an hour on Monday after Binance said it would delist the token. From trading at a price right around $4 at 6 am UTC time on Monday, TORN...
Tornado Cash token falls 57% after Binance announces delisting
27.11.2023
TORN fell from $3.90 to $1.66 after Binance announced it would no longer carry the coin
Crypto Exchange Listing and Delisting Announcements: November 27, 2023
27.11.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Blockchain Association Sues OFAC Over Sanctions on Tornado Cash
21.11.2023
Source: US Department of Treasury Blockchain Association, the crypto advocacy group, has filed an amicus brief with the US Office of Foreign Assets Control (OFAC). The Association has criticized the agency’s decision to sanction crypto mixer Tornado Cash, pointing out the regulatory repercussions....
Blockchain Association files support in suit to lift Tornado Cash sanctions
21.11.2023
The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools
Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions
16.11.2023
The Republican candidate claimed that mixers are protected by the U.S. Constitution’s First Amendment
TORN Token Rises 50x Overnight as This Lesser-Known Crypto Secures $800,000 in Funding – What Does it Do?
16.11.2023
The TORN token has risen by as much as 7.5% during the last 24 hours, with its price currently standing at $3.77 on a day when the market as a whole has gained by 1.5%. TORN has now risen by 10% in a week and by 31% in the last 30 days, although it remains […]
The post TORN Token Rises...
Tornado Cash Users Appeal Court Ruling Backing Treasury Department’s Sanctions
15.11.2023
Source: Pixabay The plaintiffs in the case against the United States Treasury Department’s sanctions over the popular cryptocurrency mixer Tornado Cash are dissatisfied with the ruling of the court. A group of five Tornado cash users has filed an appeal against the judgment of the US District Court...
Tornado Cash users file appeal over judgment in favor of US Treasury
14.11.2023
The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court
Onyx Protocol Suffers $2.1M Loss in Defi Breach, Fraction of Funds Redirected to Tornado Cash
1.11.2023
Multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has been compromised in a security breach, resulting in a loss of $2.1 million. In the wake of this attack, a fraction of the stolen crypto assets, originally from the cross-token liquidity market, were...
Onyx Protocol exploiter begins siphoning $2.1M loot on Tornado Cash
1.11.2023
The bug Onyx Protocol hacker exploited to steal $2.1 million was previously used by a hacker to extort $7 million from Hundred Finance
U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'
19.10.2023
The U.S. Department of the Treasury's financial crimes arm is proposing to label crypto mixers as a "primary money laundering concern" in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from anonymous crypto funds, including possibly Hamas