On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The ...
Tag: Tornado
Coinbase Sues U.S. Treasury Over Tornado Cash
Coinbase has bankrolled a lawsuit filed against the U.S. Treasury Department and other government officials over the decision to impose sanctions on the crypto mixing tool. Government Department Sued...
Tornado Cash Users Effected By Sanctions Sue The U.S. Treasury Department
The U.S. Treasury Department’s move to blindly put a ban on Tornado Cash consequently brought a lawsuit against Treasury Secretary Jannet Yellen and other officials of its departments. The six affecte...
Tornado Cash Involved in 2021 DAO Maker Crypto Hack? Know the Truth – Coinpedia – Fintech & Cryptocurreny News Media
According to PeckShield, $500,000 in Dai has been moved through Tornado Cash–a crypto mixer–indicating that it may be the source of stolen tokens from a decentralized finance (Defi) protocol. In simpl...
Here’s why Coinbase in funding lawsuit against Tornado Cash sanction
Tornado Cash users haven’t given up on the fight against the sanction placed on the digital currency mixing protocol by the US authorities. CNBC reported Thursday that leading cryptocurrency exchange,...
U.S. Treasury And OFAC Face Lawsuit For Tornado Cash Ban
The U.S. Treasury and OFAC are facing a civil action complaint from investors due to its proscription of mixer Tornado Cash. The Tornado Cash ban has sparked outrage from the broader cryptocurrency co...
Coinbase Announces To Fund Lawsuit In Support Of Tornado Cash
Tornado Cash got sanctions on its operations after the US Treasury Department found the involvement of bad actors in accessing its services. A total of six individuals have taken up the responsibility...
Coinbase bankrolls Tornado Cash users’ lawsuit; Terra Classic makes 1,900% comeback led by community
The biggest news in the cryptosphere for Sept. 8 includes Coinbase financing the lawsuit against the U.S. Treasury Department over Tornado Cash, Terra Classic’s community-led revival and an attack on ...
Coinbase to Finance User’s Lawsuit Against Treasury Department for Tornado Cash Sanctions
Coinbase is supporting a lawsuit against sanctioning an Ethereum-based crypto mixer, Tornado Cash. The exchange is financing the lawsuit against the U.S. Treasury Department that currently features si...
Coinbase is funding a lawsuit by Tornado Cash
Coinbase is financially backing a lawsuit filed Thursday against the Treasury Department by six users of the recently sanctioned Tornado Cash, which led to the arrest of one of the company’s developer...
Coinbase Supports Lawsuit Against U.S Treasury in Tornado Cash Sanction
Exchange News Tornado Cash sued the U.S Treasury department. Coinbase backing a lawsuit against the SEC. The largest cryptocurrency exchange Coinbase announced that it was backing a lawsuit against th...
Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions
Coinbase, the largest U.S.-based cryptocurrency exchange, is helping organize and pay the costs of a lawsuit against the U.S. Treasury Department over its sanctions on Tornado Cash. Six individuals, ...
Coinbase backs lawsuit aimed at Treasury’s Tornado Cash sanctions
Several employees of leading crypto exchange Coinbase are filing suit to roll back last month’s Tornado Cash sanctions. Coinbase itself is financially backing the suit. The lawsuit centers on a...
Coinbase Says It Is Funding Lawsuit Against Tornado Cash Sanctions
Crypto exchange Coinbase on Thursday said it is funding a lawsuit brought by six people challenging the Treasury Department’s sanctions of Tornado Cash. Tornado Cash, often referred to as a crypto mix...
Coinbase Funds Lawsuit Against U.S. Treasury Over Sanctioned Tornado Cash Addresses
Leading U.S.-based crypto exchange Coinbase announced Thursday that it is funding a lawsuit by six individuals against the United States Treasury Department over the recent sanctions on Tornado Cash a...
Coinbase Funds Lawsuit Against Treasury Department for Sanctioning Tornado Cash
America’s largest cryptocurrency exchange is supporting a legal challenge against the U.S. Treasury Department following its sanctions against the privacy protocol Tornado Cash. The lawsuit’s plaintif...
U.S. Treasury Department Faces Lawsuit From Aggrieved Investors for Proscribing Crypto Mixer Tornado Cash
– Advertisement – The U.S. Treasury Department is facing litigation for its previous move to ban Tornado Cash. Aggrieved crypto proponents have filed a lawsuit against the United States ...
Coinbase finances Tornado Cash users’ lawsuit against US Treasury Department
Coinbase is financing a lawsuit filed against the US Treasury Department by six users of sanctioned crypto protocol Tornado Cash, CNBC reported on Sept. 8. The lawsuit argued that the sanctions were a...
They Lost Money When Tornado Cash Got Banned. Now Coinbase Is Helping Them Sue the Government
Key Takeaways Coinbase is funding a lawsuit against the U.S. Treasury Department over its decision to sanction Tornado Cash. The exchange’s CEO Brian Armstrong wrote in a blog post that the Treasury h...
Coinbase funds lawsuit against Treasury Department over Tornado Cash sanctions
Cryptocurrency exchange Coinbase (NASDAQ: COIN) is funding a lawsuit against the United States Treasury Department filed by users of the Ethereum (ETH) mixing service Tornado Cash. The lawsuit was fi...
MonoX Finance’s Hacker Starts Moving $31M Loot via Sanctioned Tornado Cash
The exploiter behind the hack of DeFi protocol MonoX has moved $2.1 million from the stolen $31 million to the recently sanctioned privacy network, Tornado Cash. Hacker Moves $2.1M According to data o...
North Korea Crypto Mixer Tornado Cash Sanctioned By U.S.
North Korea and the United States are once again going at each other’s throats in the name of cryptocurrency activity. This time, it looks like the U.S. has put sanctions in place against North Korea-...
Not the Fault of Tornado Cash Developers, According to Cardano Founder
Charles Hoskinson Adopting a Different Strategy The US authorities has imposed restrictions on the cryptocurrency mixer Tornado Cash. The defence put out for this was that criminals used it as a tacti...
What Happened to Tornado Cash?
The main issue, however, with sanctioning Tornando Cash is that the sanctions list is targeted at people – it’s not targeted at software. Tornado Cash is a fully autonomous cryptocurrency tumbler on t...
DeFi Projects Will Develop Decentralized Frontends After Tornado Fallout
A small but growing number of decentralized finance (DeFi) projects including dYdX, Liquidity, GMX, Kwenta and more, are working on decentralized frontends (DeFe) in the wake of sanctions against Torn...
Future Of Privacy Coins Uncertain After Tornado Cash Ban
In an unprecedented move, the U.S. Treasury Department levied sanctions on the crypto mixing company Tornado Cash earlier this month. The action is taken over allegations that the crypto mixer was use...
Tornado Cash: recycling also for NFT scams
For Elliptic Enterprise, Tornado Cash was also a laundering tool for NFT scams before being sanctioned by the US. Tornado Cash: laundering for NFT scams before U.S. sanctions Elliptic Enterprise, a b...
Tornado Cash [TORN]: Is more trouble incoming after the OFAC’s announcement
Since the announcement on 8 August, one where the Office of Foreign Assets Control (OFAC) informed U.S. residents of its inclusion of Tornado Cash to its Specially Designated Nationals list, the crypt...
Tornado Cash’s Developer Allegedly Worked for a Company Linked to the FSB – crypto.news
According to information agency Kharon, Alexey Pertsev, the bitcoin mixer Tornado Cash developer, previously worked for a business connected to the Russian security agency FSB. Alexey Pertsev was char...
Court extends jail term of Tornado Cash developer
A Dutch court has extended the incarceration of Alexey Pertsev, developer of the Ethereum-based crypto mixer Tornado Cash, by ninety days. This development manifested after Pertsev’s lawyers filed a b...
Intelligence Firm Reveals Tornado Cash Dev’s Link With FSB
13 seconds ago | 2 mins read Blockchain News Pertsev worked for the Russian company Digital Security OOO as per Kharon. Ksenia Malik, Pertsev’s wife, has repeatedly refuted rumors. Prior to his involv...