Tornado Cash backers have lost their motion to the U.S. Department of Treasury in court.
It is uncertain if the hacker is friendly as they keep taking more funds and mixing them.
Ethereum is widely recognized as censorship-resistant.
Blockchain developer Alex Pertsev resurfaces on Twitter after being arrested over allegations of laundering nearly a billion dollars in crypto.
Coinbase initially funded the plaintiffs in their fight to overturn the ban.
Alexey Pertsev is accused of facilitating money laundering by developing the Tornado Cash protocol.
Hackers behind the $28 million theft from the Panama-based crypto exchange Deribit, have begun moving the stolen Ethereum (ETH).
The governing body behind the protocol will invest $400 million in US treasuries and $100 million in corporate bonds.
Coinbase goes on a quest for privacy of the crypto world
The issuer of Tether (USDT) has defied the recent sanction placed by the U.S. Treasury on Tornado Cash.
The groundbreaking case of sanctioning a technology left many with more questions than answers.
Hoskinson holds U.S. government responsible for setting “an extremely dangerous precedent.”
He said that the recent sanction of the coin mixing service Tornado Cash is a worthy sacrifice to pay for
Circle CEO asks the crypto industry to sharpen its focus on major policy issues tied to financial privacy.
The intense power of Tornado Cash doesn't necessarily have to be destructive, argues Mr. Buterin.
Treasury fears the combo of Lazarus Group & Tornado Cash is Bad Enough to Rip Up the Earth.
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