The US Office of Foreign Assets Control (OFAC) placed the Tornado Cash crypto mixer under sanctions. The move has triggered concern across the crypto community. Following the sanctions, GitHub removed...
Tag: Tornado
Tornado Cash Dev Previoulsy Employed by Company With Links to Russia’s FSB: Report
Tornado Cash was added to the US sanctions list by the Office of Foreign Asset Control (OFAC) on August 8. Two days later, Alexey Pertsev, a coder tied to the crypto mixing service, was arrested by Du...
Charles Hoskinson Voices Against Tornado Cash Sanction
The US Treasury has recently banned a virtual currency mixer – Tornado Cash sparking a ferocious debate across the crypto ecosystem. The developers are expressing their outrage against the move. ...
Dutch Judge Orders Tornado Cash Dev to Stay in Jail for 3 More Months
Alexey Pertsev, a Tornado Cash app developer who was recently apprehended by Dutch police over suspected money laundering charges, has been ordered to stay in prison for an additional 90 days. “It is ...
Arrested Tornado Cash Developer has historic links to Russian intelligence agency FSB – report
An investigation by intelligence firm Kharon revealed that Tornado Cash developer Alexey Pertsev is a former employee of a company that the U.S. sanctioned for working with the Russian security agency...
Tether won’t freeze funds linked to Tornado Cash until the law steps in
Tether, the issuer of crypto’s largest stablecoin USDT, stated this week that it won’t freeze funds associated with OFAC-sanctioned addresses unless specifically instructed to do so by law enforcement...
Tornado Cash Developer Worked for Russian Security Agency
Alexey Pertsev, the developer of sanctioned crypto mixer Tornado Cash, was reportedly linked to Russia’s security agency FSB, the latest report from intelligence firm Kharon states. Earlier this mont...
Tornado Cash developer was hired by a firm linked to Russia’s FSB security service
On August 8th, the US Treasury Department imposed sanctions on Tornado Cash, stating that several hacker groups, one of which is North Korea’s Lazarus Group, had utilized the site to launder billions ...
Cardano’s Hoskinson Slams The US Treasury For Banning Tornado Cash ⋆ ZyCrypto
Advertisement     The US Treasury’s recent ban on notorious virtual currency mixer Tornado Cash has sparked a heated debate in the crypto sphere, with most crypto user...
Tornado in the Coal Mine — How Globalists Plan to Penalize Privacy and the Poor – Op-Ed Bitcoin News
No privacy. No property. No prosperity. If you follow the news, you’ve seen the trend — putting legal limits on cash transactions, the emergence of surveillance-oriented, central bank digital currenci...
Professor Republishes Tornado Cash Code Following GitHub Takedown
A cryptography professor at John Hopkins University has posted an “archival fork” of Tornado Cash’s source code to GitHub. The professor, Matthew Green, says he intends to preserve the source code of ...
Ruling to keep Tornado Cash developer in jail for 90 days sparks backlash
A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, the crypto community rallied to dem...
Why Tether Is Not Blacklisting Tornado Cash Accounts Despite U.S. Sanctions?
Tether is reportedly not blacklisting Tornado Cash addresses. Following US sanctions, several crypto entities have taken to proscribing addresses associated with crypto mixer Tornado Cash. These entit...
Despite US Sanctions, Tether Continues To Support Tornado Cash: Report
The world’s largest stablecoin issuer, Tether, may not be complying with the U.S. Treasury Department’s sanctions against crypto transaction privacy mixer Tornado Cash, according to a report today fro...
Tether Refuses To Freeze Sanctioned Tornado Cash Addresses
USD-backed stablecoin issuer Tether (USDT) has released a statement that it would not be freezing all Tornado Cash addresses that the U.S. Treasury has sanctioned. Tornado Cash Sanctions On Wednesd...
Court Extends Tornado Cash developer Alexey Pertsev’s Stay In Jail
A judgment by a Netherland judge to keep Tornado Cash developer Alexey Pertsev in jail for 90 more days has drawn widespread criticism from the crypto community. The decision came as Alexey Pertsev wa...
Tether says it’s not freezing Tornado Cash addresses until government tells it to
Tether is upholding its decision not to freeze sanctioned wallet addresses with ties to Tornado Cash because it has not received any requests from US law enforcement or regulators to do so, the compan...
Coin Center Condemns Tornado Cash Sanctions
Coin Center’s Peter Van Valkenburg, said OFAC’s decision to sanction Tornado Cash and 45 related Ethereum addresses exceeds its authority Code is not the same type of “property” Congress allows OFAC t...
Congressman Tom Emmer Questioned The Treasury Against Sanction of Tornado Cash
On August 8th, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash. The sanction was against the fund laundering worth 7 Billion USD. The platfo...
Stablecoin-Issuer Tether ‘Holds Firm’ on Not Freezing Tornado Cash Addresses – Here’s Why
The issuer of the most widely used stablecoin says it is not freezing addresses linked to sanctioned crypto mixer Tornado Cash. Early this month, the Treasury Department’s Office of Foreign Assets Con...
Can Gitcoin Grants Address Be Under Warrant From The U.S Amid Tornado Cash Saga?
The co-founder of Gnosis introduced a smart contract. The smart contract will define whether the censorship at the protocol level of Ethereum is taking place or not. The co-founder of Gnosis, Martin K...
Tether says it won’t freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
On Wednesday, U.S. dollar stablecoin issuer Tether said that it would not freeze smart contract addresses sanctioned by the United States Office of Foreign Assets (OFAC) Control’s Specially Designated...
Tether Will No Longer Freeze Tornado Cash Addresses
3 hours ago | 2 mins read Editors News The action took effect on August 8, as indicated by the US Department of Treasury. The post stated that no OFAC-banned addresses have been requested to be frozen...
Tether Says It Will Not Freeze USDT in Sanctioned Tornado Cash Addresses
Stablecoin issuer Tether has revealed that it will not freeze USDT tokens in U.S.-sanctioned Tornado Cash addresses. The Hong Kong-based company noted that the USDT would only be frozen if the appropr...
Crypto Mixer Tornado Cash Saga Fuels Protest After Developer’s Arrest
The local decentralized finance (DeFi) community gathered to draw attention to Pertsev’s case and ensure a fair trial. Schickler captured interviews from some of the attendees of the protest, many exp...
‘Privacy Is Normal’: Rep. Tom Emmer Wants Answers About Tornado Cash Ban
In brief U.S. Congressman Tom Emmer has written a letter to Treasury Secretary Janet Yellen regarding its recent sanctions on Ethereum coin mixing service, Tornado Cash. Emmer suggests that banning sm...
Despite U.S. Treasury Blacklisting, Tether Won’t Freeze Tornado Cash Addresses ⋆ ZyCrypto
Advertisement     The U.S Treasury Department sent shockwaves across the cryptoverse earlier this month when it added Ethereum mixer Tornado Cash to the Specially Desi...
Here’s Why Tether Wants More Clarity On Tornado Cash Address Freeze
Stablecoin issuer Tether said it would not freeze secondary market addresses like those of Tornado Cash without clear instructions. The Tether management described USDC’s decision to freeze the addres...
Could Gitcoin Grants address be under sanctions from the U.S. amid Tornado Cash saga?
Martin Köppelmann, Co-founder of Gnosis, created a smart contract that will detect whether censorship at the protocol level of Ethereum is currently taking place. The script works by a user calling th...
Tornado Cash Developer Denied Bail, Will Remain in Prison for Extra 90 Days (Report)
Alexey Pertsev, developer of the U.S.-sanctioned Ethereum-based cryptocurrency mixer Tornado Cash, will have to spend a minimum of 90 days in jail, although he is yet to be charged with a crime. The a...