Tornado Cash Financial News

02.06 / 20:35

defi Treasury Tornado Cash Support Blockchain Association Files Amicus Brief To Support Coin Center’s Lawsuit Over Tornado Cash Sanctions

Washington DC-based Blockchain Association filed an amicus brief in support of crypto think tank Coin Center’s lawsuit against the US Treasury Department over its sanctions against Tornado Cash.

30.05 / 10:17

Ethereum Binance Hack security DAO Tornado Cash BNB Chain Binance Resumes TORN Deposits, Moves Tornado Cash into Innovation Zone as New Proposal is Passed – Here's the Latest

Major crypto exchange Binance reopened TORN deposits following the attack on the privacy-focused crypto mixer Tornado Cash DAO.

22.05 / 21:35

UPS Lowe's Hack Tornado Cash TORN Price gets Lift After Tornado Cash Attacker Proposes to Reverse Governance Attack

The price of crypto mixer Tornado Cash’s governance token TORN saw a strong recovery after the hackers behind a recent attack on the protocol appeared to offer to reverse the attack.

21.04 / 11:21

tornado Tornado Cash bail dutch Tornado Cash Dev Alex Pertsev to Be Released on Bail by Dutch Court

Tornado Cash developer Alex Pertsev will be released under surveillance after spending nearly nine months in prison over allegations of facilitating money laundering.

23.11 / 16:15

U.S. Treasury Tornado Cash Jail Tornado Cash Developer Faces Money Laundering Charges, To Remain in Jail Until At Least February

Tornado Cash developer Alexsey Pertsev will remain in jail for another three months after being charged with money laundering allegations for the development of the mixing service.

09.11 / 19:05

Ethereum Target Action Airlines Tornado Cash US Treasury Redesignates Sanctions on Tornado Cash Crypto Mixer, Citing North Korea Involvement

The US Treasury Department has redesignated sanctions on the mixing service Tornado Cash, saying North Korea’s Lazarus Group has used the service to launder more than $100m stolen in crypto heists.

13.10 / 21:47

Ethereum ETH Software Tornado Cash Bitcoin Coin Center Sues Janet Yellen Over Tornado Cash Sanctions

The crypto think tank Coin Center has sued US Treasury Secretary Janet Yellen over sanctions imposed on the coin mixer Tornado Cash, saying the service has legitimate use cases.

23.09 / 10:43

Ethereum regulation Developers Tornado Cash OFAC guidance GitHub unbans Tornado Cash repositories following OFAC guidance

Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website.

14.09 / 13:53

Ethereum Tornado Cash NOT US Treasury - You Are Not Breaking Sanctions by Sharing Tornado Cash Code

The U.S. Treasury Department has released further clarifications on the sanction placed on the popular cryptocurrency mixer, Tornado Cash. The department stated that the sanction does not affect the rights of individuals in the U.S. to view and disseminate the open-source Tornado Cash code.

18.08 / 11:39

cryptocurrency Digital Man Tornado Cash dutch Dutch Detain Suspected Developer Of Crypto Mixer Tornado Cash

Tornado Cash is one of the largest crypto blenders identified as problematic by the USTreasury.

12.08 / 20:45

business DAO Voting Tornado Cash Tornado Cash DAO goes down without explanation following vote on treasury funds

The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury Department’s Office of Foreign Asset Control.

12.08 / 14:05

Blockchain Law Ethereum Police Tornado Cash dutch Dutch authorities arrest suspected Tornado Cash developer

Authorities in the Netherlands have arrested a developer that is suspected to be involved in money laundering through the crypto mixing service Tornado Cash.

09.08 / 15:01

Blockchain Platform Action Tornado Cash U.S. Sanctions Crypto Platform Tornado Cash, Says It Laundered Billions

The U.S. Treasury Department imposed sanctions on a major cryptocurrency platform, accusing it of laundering billions of dollars in virtual currency, including $455 million allegedly stolen by North Korean hackers.

08.08 / 23:53

regulation sanctions Tornado Cash reports Tornado Cash co-founder reports being kicked off Github as industry reacts to sanctions

Roman Semenov, one of the co-founders of Tornado Cash, has reported his account suspended at developer platform GitHub following the United States Treasury Department's to sanction the privacy protocol.

15.04 / 21:17

Blockchain Technology regulation privacy Tornado Cash OFAC Tornado Cash says it's using Chainalysis oracles to block access from OFAC sanctioned addresses

On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cybercriminal Lazarus Group as an alleged perpetrator for the recent $600 million+ Ronin Bridge exploit. As told by blockchain analytics firm Elliptic, the hackers have sent approximately $80.3 million worth of Ether (ETH) through Tornado Cash. "Maintaining financial privacy is essential to preserving our freedom; however, it should not come at the cost of non-compliance," said the Tornado Cash team.

11.03 / 15:55

cryptocurrency Chainalysis Tornado Cash As New Crypto Sanction Screening Tool Launched, Tornado Cash Keeps Mixing and FBI Chimes In

As the West is trying close all crypto loopholes that help evade sanctions against the aggressor state, Russia, and its ally, Belarus, Chainalysis is rolling out a sanctions screening tool, while crypto mixer Tornado Cash said they are powerless to or don't need to comply with Washington’s wishes. In either case, American law enforcement and intelligence agencies claim that Russians hoping to evade sanctions by using cryptoassets will be thwarted in their efforts.

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