News
Tornado Cash crypto mixer developer gets 64 months in prison
Dutch court convicts Tornado Cash creator for aiding in crypto crimes.
SlamX
Lens
Tornado Cash
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Bitcoin News
Tornado Cash founders charged with money laundering crypto, including proceeds from North Korean heists
The Tornado Cash mixer's co-founders have been charged by the U.S. Department of Justice with money laundering and sanctions violations.
Danny Park
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Regulation
Tornado Cash sanctions upheld by US court
A U.S. district court has concluded that the Treasury Department’s sanctions on cryptocurrency mixer Tornado Cash are valid.
Danny Park
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Regulation
Tornado Cash developer Alexey Pertsev to remain in jail until February
Alexey Pertsev, a developer of the now-sanctioned crypto mixer Tornado Cash, has been ordered to stay in jail until Feb. 20 at least.
Zoltan Vardai
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Regulation
Coin Center files lawsuit over Tornado Cash sanctions, defends crypto privacy rights
Coin Center, a non-profit think tank on cryptocurrencies and public policy, announced Wednesday it was filing a lawsuit against the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC), alleging the agency overreached its authority when it sanctioned cryptocurrency mixer Tornado Cash in August. See related article: What is the future for cryptocurrency mixers after […]
Lachlan Keller
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Regulatory News
Privacy vs. security: an international debate on Tornado Cash
Panelists at Forkast’s live-streamed event 'Crypto Rising: The Role of Law: An International Debate post Tornado Cash' co-hosted by Crypto Council for Innovation (CCI) said the significance of the sanctions could not be understated.
Lachlan Keller
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Regulation
Treasury to allow users to recover Tornado Cash funds
Over a month after placing the Ethereum coin-mixing tool Tornado Cash under sanctions, the U.S. Treasury Department announced a way for Tornado Cash users to recover their funds on Tuesday. See related article: Tether says didn’t freeze sanctioned Tornado Cash addresses so as to not interfere in investigations Fast facts The new guidance provides a […]
Dylan Butts
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Regulation
Alleged Tornado Cash Developer Alexey Pertsev to stay in jail
Alleged Tornado Cash developer, Alexey Pertsev, was accused of facilitating money laundering through the now-sanctioned crypto mixer. Pertsev will stay in jail for at least another 90 days, a judge in the Netherlands ruled on Wednesday. The developer has not been officially charged with any crime. See related article: Tornado Cash arrest heralds storm season […]
Zoltan Vardai
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Regulation
Tether says didn’t freeze sanctioned Tornado Cash addresses so as to not interfere in investigations
Tether Holdings Ltd.,the issuer of USDT, the world’s largest stablecoin by market capitalisation, Wednesday said freezing the sanctioned addresses might interfere with ongoing investigations despite no clear instruction to do so by law enforcement. See related article: Bad actors in North Korea, Russia send record-high funds to crypto mixers Fast facts The U.S. Treasury Department’s […]
Lachlan Keller
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Bitcoin News
Tornado Cash arrest heralds storm season for crypto mixers
Top blockchain and crypto news: Tornado Cash, mixer crash. Cardano’s Vasil vulnerabilities. Canaan earnings buoy expansion plans.
Forkast.News
