According to cryptocurrency data aggregation site Dune Analytics, Circle, the creditor of the infamous USD Coin virtual currency, froze more than 75,000 USDC in investments connected to 44 Tornado Cas...
Tag: Tornado
Crypto Leaders Condemned The U.S Government on ‘Tornado Cash’ Takedown
The U.S Government has slammed the crypto community with ‘Tornado Cash’ takedown. Leaders have slammed the tyranny of the US government slamming Tornado Cash. The news headline is making a stir in the...
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M – Bitcoin News
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Contr...
US Sanctions Virtual Currency Mixer Tornado Cash: What Will Be The Impact of This Crackdown?
In a major move, the US Treasury has sanctioned Tornado Cash, a virtual currency mixer, after news of money laundering of more than $7 billion cost of virtual currency since its foundation in 2019. T...
US vows to ‘aggressively pursue’ crypto mixers following Tornado Cash sanctions
U.S. Secretary of State Anthony Blinken warned that the administration would continue to “aggressively pursue” crypto mixers suspected of laundering illicit funds. We’ll continue to aggressively pursu...
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M – Coinotizia
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Contr...
Crypto Market Update – Bitcoin and Ethereum Prices Drop 4%, U.S. Treasury Sanctions Tornado Cash
After a bull run on Monday, where Bitcoin and Ethereum prices saw a significant upside, the cryptocurrency market is looking for support as BTC and ETH are down 3-4%. The good news is the trading volu...
US Treasury sanctions cryptocurrency mixer Tornado Cash
The US Treasury is sanctioning Tornado Cash, a cryptocurrency mixing service that allows users to obscure the details of transactions. The regulator has added Tornado Cash and 44 associated Ethereum ...
Tornado Cash blacklisted by US Treasury Department
Crypto-mixer Tornado Cash has been blacklisted by the US Treasury Department for allegedly laundering more than $7 billion in crypto. Tornado Cash: crypto-mixer blacklisted for money laundering The s...
Infura Censors Tornado Cash Smart Contract – Trustnodes
Infura, ethereum’s biggest node infrastructure provider, which handles some 10 billion requests a day, has for the first time blocked access to a smart contract. “Infura and Alchemy are now blocking R...
The US OFAC sanctions Tornado Cash for connections with the Lazarus Group
One of the most popular crypto mixers, Tornado Cash, entered the payroll of risky websites according to the OFAC. According to reports, the crypto platform contributed more than $7B in laundering in 2...
Infura, Alchemy Block Tornado Cash Following Treasury Ban
Share this article It comes less than a day after the Treasury Department blacklisted the Ethereum mixing tool. Ethereum Node Providers Blacklist Tornado Infura and Alchemy have joined a growing lis...
Erik Voorhees urges MakerDAO community to exit USDC positions after Tornado Cash sanctions
Shapeshift CEO and founder Erik Voorhees recommended the MakerDAO community take precautionary measures after the U.S. Treasury sanctioned Tornado Cash. Specifically, Voorhees advised MakerDAO users t...
Circle Freezes All Blacklisted Tornado Cash A…
The USD coin (USDC) issuer, Circle, has frozen around 75,000 USDC worth of funds linked to 44 Tornado Cash addresses listed in the US Treasury Department’s sanctions against the protocol. The issue wa...
Circle freezes blacklisted Tornado Cash smart contract addresses
Crypto data aggregator Dune Analytics said that, on Monday, Circle, the issuer of the USD Coin (USDC) stablecoin, froze over 75,000 USDC worth of funds linked to the 44 Tornado Cash addresses sanction...
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 was suspended at the developer platform, GitHub, following the United States Treasury Department’s sanctioning of ...
Tornado Cash Now Placed Under US OFAC Sanctions
The United States Treasury Department has sanctioned one of the world’s most popular crypto mixing platforms, Tornado Cash. According to the sanctions, the crypto mixer has been barred by the go...
Circle ‘blacklists’ all Tornado Cash ETH addresses effectively freezing USDC
Circle’s USDC has “blacklisted” all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department’s sanction against the protocol. A Twitter bot named USDC Blacklist, which scrapes the...
US Treasury sanctions USDC and ETH addresses connected to Tornado Cash
The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the Specially Designated Nationals list of the Office o...
Tornado Cash Sanctions Have Companies Stepping Back From Users
The US Treasury Department sanctioned Tornado Cash and related wallets Monday, prompting some companies to suspend accounts and freeze assets Roman Semenov, one of the three founders of Tornado Cash, ...
CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’
The U.S. Department of Treasury made Ethereum-based mixer Torando Cash (TORN)the first smart contract to get sanctioned by the U.S. government by banning it on Aug. 8 to prevent North Korean criminals...
Circle, GitHub Comply With Tornado Cash Sanctions
Key Takeaways Circle and GitHub are enforcing sanctions against Tornado Cash introduced by the U.S. Treasury earlier today. Circle has blacklisted the relevant addresses, while GitHub has suspended th...
US Treasury Department Sanctions Crypto Mixing Service Tornado Cash
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash. According to the department, the mixing service has been responsible for $7 billi...
US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
Step by step, bank overseers have widened their enforcement territory to include digital assets. In one sense, crypto was their dream financial system, with the path of most transactions auditable on ...
U.S. Treasury Sanctions Tornado Cash Addresses
The Office of Foreign Assets Control (“OFAC”) of the United States Department of the Treasury has added addresses belonging to the Ethereum-based privacy protocol, Tornado Cash, to its sanction list. ...
Ethereum-Based Mixer Tornado Cash Sanctioned by U.S. Government
Alex Dovbnya The action has prohibited U.S. investors from interacting with the controversial service Popular Ethereum-based coin mixing service Tornado Cash has been sanctioned by the U.S. Department...
U.S. Treasury Bans Tornado Cash Mixer For Its…
The U.S. Treasury on Monday imposed sanctions on virtual currency mixer Tornado Cash for its alleged role in helping hackers, including from North Korea, to launder proceeds from their cybercrimes. Ac...
Tornado Cash Blacklisted by U.S. Treasury Department on Allegations of Being National Security Threat
The U.S. Treasury Department has banned American citizens from using popular coin mixing service Tornado Cash as it says the protocol poses risks to national security. In a press release, the Treasury...
Why The US Treasury Sanctioned Crypto DEX Tornado Cash
Per a press release, the U.S. Department of the Treasury announced sanctions against Tornado Cash, a decentralized exchange (DEX). The institution added the website tornado.cash, the entities associat...
US Treasury Sanctions Crypto Mixing Service Tornado Cash
Tornado cash is now on the Treasury’s list of services US individuals cannot use The sanctions come as money moved via crypto mixing services increased in 2022 In its first on-chain decentralized fina...