Detained Tornado Cash developer Alexsey Pertsev will spend another three months in custody in the Netherlands, according to a court hearing held on Nov. 22. Cointelegraph attended a preliminary court ...
Tag: Tornado
Tornado Cash Developer’s Jail Stay Extended Yet Again
Alexey Pertsev, the developer of cryptocurrency mixer Tornado Cash, is set to stay in jail for longer as a Netherlands court ordered for an extension on Tuesday. According to reports, the court turned...
Tornado Cash developer Alexey Pertsev detained another three months
Alexey Pertsev, the creator of the crypto mixer Tornado Cash, will be detained in a Dutch jail for another three months, Pertsev’s wife Ksenia Malik confirmed. Dutch authorities arrested P...
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022 In an extensive talk with Decrypt’s Dan Roberts at Camp Decrypt in Napa CA in October, Edward Snow...
Tornado Cash Redesignation: Does it Change Anything for US Users?
Even as crypto melted down over the FTX debacle, the US Treasury amended the basis it used to sanction crypto mixing service Tornado Cash, after lawsuits argued the government can’t enforce such a ban...
U.S. Refines Imposed Sanctions On Tornado Cash To Tackle North Korean Hackers
Previously sanctioned Tornado Cash, an Ethereum-based crypto mixer that provides its community with identity secrecy in digital transactions via its open-source software is up again on the news cycle....
Tornado Cash Yet Again Sanctioned by U.S Treasury
12 hours ago | 2 mins read Blockchain News Tornado Cash developers, founders, DAO members, and users are not subject to sanctions. Public opinion is divided on the sanctions imposed on the project. T...
U.S. Treasury Department Connects Lazarus Group and Tornado Cash to North Korean Nuclear Weapons Programs
The U.S Treasury Department is redesignating the sanction it imposed against crypto mixing service Tornado Cash earlier this year due to the protocol allegedly having ties to North Korea’s nuclear wea...
Deribit attackers transfer stolen ETH to Tornado cash crypto mixer
The Deribit hacker has taken off an amount of 1,10 Ether. The amount was moved with about 17 transactions. In the repercussions of the $28 million Deribit exploit, the anonymous hacker transfers stole...
Tornado Cash Sanction By U.S. Treasury Has Another Twist
Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U.S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program. The Unit...
US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program
The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in “t...
Deribit Hacker Starts Transferring Stolen ETH Via Tornado Cash
6 hours ago | 2 mins read Exchange News Reports of a $28 million loss at Deribit due to a hot wallet attack surfaced on November 2. The attacker transferred a total of 1,610 ETH over the course of 17 ...
U.S. Treasury Sanctions Tornado Cash (Again)
Key Takeaways The U.S. Treasury and its OFAC department have redesignated the sanctioned coin mixer Tornado Cash. The Treasury related the new sanctions to its broader efforts to defund North Korea...
New Treasury sanctions link Tornado Cash to North Korea’s nuclear weapons program
Despite industry pushback, the U.S. Treasury is not giving an inch in the fight over its sanctions on Tornado Cash. The Treasury’s Office of Foreign Asset Control has in fact added a desi...
US Treasury Adds to Tornado Cash Sanctions With North Korea WMD Allegations
In a statement, Treasury Undersecretary for Terrorism and Financial Intelligence Brian Nelson said, “today’s sanctions action targets two key nodes of the DPRK’s weapons programs: its increasing...
Deribit Hacker Has Started Moving the Stolen $28M to Tornado Cash
Less than a week after exploiting the leading cryptocurrency derivatives exchange Deribit, the attacker started moving the stolen funds. As of November 5, the hacker had moved 1,610 Ether (ETH) worth ...
Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds
The hacker who exploited the Deribit exchange’s hot wallet has started moving the stolen funds using the sanctioned cryptocurrency mixer Tornado Cash. According to data from Etherscan, the attacker ha...
Deribit hackers move stolen Ether to Tornado Cash crypto mixer
In the aftermath of the $28 million Deribit hack, the unknown exploiter is moving stolen funds using the decentralized cryptocurrency mixer, Tornado Cash. The Deribit hot wallet hacker has transferred...
GitHub Reverses Tornado Cash Ban But There’s a Catch
Popular cryptocurrency tumbler Tornado Cash was added last month to the Specially Designated Nationals (SDN) sanctions list by the US Office of Foreign Assets Control (OFAC), which sparked a backlash ...
BitKeep Hacker Moves $1M in Binance Coin Through Tornado Cash
An anonymous cybercriminal on Monday stole $1 million in Binance Coin (BNB) tokens from multi-chain wallet BitKeep’s token swap service, before routing the funds through the U.S. government-sanctioned...
Hackers Continue to Use Tornado Cash Despite US Treasury Sanctions
Tornado Cash, a privacy solution on EVM, was sanctioned by the US Treasury Department in August. Are hackers still using Tornado Cash despite sanctions? In August 2022, The US Treasury’s Office of For...
TempleDAO Hacked Funds Deposited to Tornado Cash
Hack amounted to 4% of TempleDAO’s assets Tornado Cash is a sanctioned entity in the US, meaning individuals there are prohibited from dealing with the mixer A hacker who exploited DeFi protocol Templ...
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash. This information was first disc...
Treasury Department Sued Over Tornado Cash Ban
Treasury Department Sued Over Tornado Cash BanUS Treasury Department Faces Lawsuit For Banning Tornado CashOctober 12, 2022On August 8, OFAC added Tornado Cash to its Specially Designated Nationals li...
Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans
A cryptocurrency-focused advocacy group is challenging the validity of the US sanction against crypto mixing service Tornado Cash. On August 8th, the U.S. Treasury Department’s Office of Foreign Asset...
Coin Center Filed Suit Against OFAC to Sanction Tornado Cash
Coin Center filed a second lawsuit against the Office of Foreign Assets Control in Federal District Court. The filing challenges the authority of OFAC to sanction Tornado Cash immutable smart contract...
Can Coin Center Overturn Tornado Cash Ban? Battle for Crypto Autonomy
Coin Center, a non-profit organization focused on cryptocurrency policies, revealed that it is suing OFAC over its Tornado Cash sanction. In a statement released on Oct. 12, Coin Center reiterated its...
Coin Center Sues Over Treasury’s Tornado Cash Sanctions
Users that are “dusted” still face criminal liability and reporting obligations, suit alleges Outcome of lawsuit will be precedent-setting in whether the Treasury can continue sanctioning code Non-pro...
Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
United States-based crypto policy advocacy group Coin Center has followed through with its intention to take the Treasury Department’s Office of Foreign Asset Control, or OFAC, to court over sanctioni...
Coin Center Sues Treasury Over Tornado Cash Ban
Crypto policy non-profit Coin Center filed a federal lawsuit against the US Treasury Department’s Office of Foreign Asset Control (OFAC) on Wednesday, claiming the government agency unlawfully overrea...