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Tornado Cash

Judges hammer going down on a tornado.
Coinbase News
Tornado Cash Loses Court Case Over U.S. Ban and Sanctions

Tornado Cash backers have lost their motion to the U.S. Department of Treasury in court.

by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
A hacker with a fake smile posing for the camera.
Ethereum (ETH)
Tornado Cash Hack: Hacker Offers to Revert Attack While Mixing 360 ETH

It is uncertain if the hacker is friendly as they keep taking more funds and mixing them.

by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
A hand drooping Ethereum coins on a white plate.
Ethereum (ETH)
Ethereum’s OFAC-Compliant Blocks Drop to 27%: What Does It Mean?

Ethereum is widely recognized as censorship-resistant.
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Alexey Pertsev portrait with crossed arms in front of a city on fire and smoke behind him.
Regulations
Crypto Mixers Under Fire: Pertsev Freed from Dutch Detention

Blockchain developer Alex Pertsev resurfaces on Twitter after being arrested over allegations of laundering nearly a billion dollars in crypto.
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Brian Armstong sitting outside Court at a stormy night.
Coinbase News
Coinbase Heads to Court: Still Backing Action to Overturn Tornado Cash Ban

Coinbase initially funded the plaintiffs in their fight to overturn the ban.

by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Tornado Cash developer Alexey Pertsev behind bars in a blue jail cell with checkered flooring
Ethereum (ETH)
Tornado Cash Developer to Stay Behind Bars Until February

Alexey Pertsev is accused of facilitating money laundering by developing the Tornado Cash protocol.
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Deribit Hackers Move Stolen Ether (ETH) to the Blacklisted mixing service, Tornado Cash
Ethereum (ETH)
Deribit Hackers Move Stolen ETH to Blacklisted Mixing Service, Tornado Cash

Hackers behind the $28 million theft from the Panama-based crypto exchange Deribit, have begun moving the stolen Ethereum (ETH).

by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
MakerDAO MKR us bonds
Altcoins
MakerDAO (MKR) to Invest $500M in US Treasuries and Bonds

The governing body behind the protocol will invest $400 million in US treasuries and $100 million in corporate bonds.

by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Coinbase To Fund Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions
Coinbase News
Coinbase To Fund Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions

Coinbase goes on a quest for privacy of the crypto world
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Tether Defies Treasury’s Sanction, Says Freezing Tornado Cash Addresses is Reckless
Stablecoins
Tether (USDT) Defies Treasury’s Sanction, Says Freezing Tornado Cash Addresses Is Reckless

The issuer of Tether (USDT) has defied the recent sanction placed by the U.S. Treasury on Tornado Cash.
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
U.S. Congressman Request an Explanation on Tornado Cash Sanctions
Regulations
U.S. Congressman Requests an Explanation on Tornado Cash Sanctions

The groundbreaking case of sanctioning a technology left many with more questions than answers.
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Cardano Founder Charles Hoskinson Slams U.S. Government For Tornado Cash Sanctions
Cardano (ADA)
Cardano Founder Charles Hoskinson Slams U.S. Government for Tornado Cash Sanctions

Hoskinson holds U.S. government responsible for setting “an extremely dangerous precedent.”
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Tornado Cash Crypto Mixer Gets Blacklisted by U.S. Treasury Department
Regulations
Kevin O’Leary Says Tornado Cash Sanction Is a Worthy Price to Pay for Institutional Adoption

He said that the recent sanction of the coin mixing service Tornado Cash is a worthy sacrifice to pay for
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Circle CEO Jeremy Allaire Freezes $75k Tornado Cash-Linked USDC
Regulations
Circle CEO Jeremy Allaire Calls for Legal Framework and Policies After Tornado Cash Fiasco

Circle CEO asks the crypto industry to sharpen its focus on major policy issues tied to financial privacy.

by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Vitalik Buterin Defends Tornado Cash, Once Used For Ukraine Donations
Regulations
Vitalik Buterin Defends Tornado Cash, Once Used for Ukraine Donations

The intense power of Tornado Cash doesn't necessarily have to be destructive, argues Mr. Buterin.
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene
Tornado Cash Crypto Mixer Gets Blacklisted by U.S. Treasury Department
Regulations
Tornado Cash Crypto Mixer Blacklisted By U.S. Treasury Department

Treasury fears the combo of Lazarus Group & Tornado Cash is Bad Enough to Rip Up the Earth.
by . Fact checked by: Ciaran Lawler, Editor: Heather Budreviciene