Minnesota Congressman Tom Emmer has officially asked the Secretary of the Treasury for answers on the issue related to Tornado Cash. I sent a letter to Treasury Secretary Yellen regarding the unprece...
Tag: Tornado
Cybercriminals Stole NFTs Worth Over $100M, With 52% Processed Through Tornado Cash
According to a recent study from the blockchain security and analytics firm Elliptic, cybercriminals stole more than $100 million worth of non-fungible tokens (NFTs) between July 2021 and July 2022. ...
Tether Hasn’t Sanctioned Tornado Cash Transfers, Unlike USDC
Tether – the issuer of USDT, the world’s largest stablecoin – is yet to freeze addresses associated with the privacy protocol Tornado Cash. That means USDT holders can still technically use the smart ...
Professor re-uploads Tornado Cash code to GitHub for research purposes
Matthew Green, a professor of Computer Science at Johns Hopkins University, re-uploaded the source codes of Tornado Cash (TORN) and Tornado Nova on Github, saying he has been using the code for teachi...
Tether Won’t Freeze Tornado Wallets Unless Directly Ordered
Key Takeaways Tether announced today that it will not freeze Tornado Cash addresses unless it is ordered to do so. The stablecoin issuer said that it is working with law enforcement but has not receiv...
Researchers Reupload Sanctioned Tornado Cash Code on GitHub
The US Office of Foreign Assets Control (OFAC)’s placement of popular crypto tumbler Tornado Cash as an entity on the Specially Designated Nationals (SDN) sanction list has raised many eyebrows. The s...
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations – Bitcoin News
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the co...
Congressman Tom Emmer Pens Letter to Treasury Secretary Yellen on ‘Unprecedented’ Tornado Cash Sanctions
US Congressman Tom Emmer of Minnesota is seeking clarity on the Office of Foreign Assets Control’s (OFAC) recent banning of crypto mixer Tornado Cash. In a letter addressed to Treasury Secretary Janet...
Alleged Tornado Developer Pertsev Must Stay In Jail, Dutch Judge Rules
At a closed-door hearing in Den Bosch, the Netherlands, held Wednesday, Pertsev’s lawyers sought for him to be offered bail. That request was rejected by the judge, but the court nonetheless set an 90...
Tether may be in violation of US sanctions on Tornado Cash
Tether, the world’s largest stablecoin by market cap, may be in violation of U.S. Treasury sanctions on Tornado Cash, according to the Washington Post. Tornado Cash falls foul of the U.S. Treasury On ...
Tornado Cash Dev to Spend Another 90 Days in Jail, Judge Rules
Share this article Dutch law enforcement arrested Pertsev in Amsterdam on August 10. Judge Denies Bail for Tornado Cash’s Pertsev Alexey Pertsev, the developer who was arrested for publishing open-so...
Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen
United States Congressman Tom Emmer sent a four-page letter to Treasury Secretary Janet Yellen on Tuesday regarding the Treasury Department’s sanctioning of cryptocurrency mixer Tornado Cash on Aug. 8...
U.S. Congressman Demands Treasury Secretary Janet Yellen’s Explanation For Tornado Cash Sanctions ⋆ ZyCrypto
Advertisement     Earlier this month, the United States Treasury sanctioned privacy-tool Tornado Cash on allegations it helped the notorious North Korean state-sponsor...
Johns Hopkins University professor re-uploads Tornado Cash code on GitHub for teaching purposes
Johns Hopkins University professor of computer science identified as Mathew Green has re-uploaded the code for Ethereum (ETH) mixing service Tornado Cash on GitHub days after the platform’s suspension...
Congressman demands answers from Yellen on Tornado Cash sanctions
Crypto booster Congressman Tom Emmer is demanding answers from Treasury Secretary Janet Yellen for the agency’s recent Tornado Cash sanctions. The Republican from Minnesota took aim at the Treas...
Treasury Must Clarify Tornado Cash Sanctions, Congressman Says
Sanctioning open-source code impacts the right to privacy, congressman Tom Emmer said Emmer also questioned whether recipients of the Tornado Cash ‘dust attack’ were in breach of the law Tornado Cash ...
Tornado Cash saga highlights legal issues affecting the crypto market
Things have not been looking too good for the crypto market in recent months, with the market seemingly being gripped by one piece of bad news after another. To this point, on Aug. 8, the United State...
Rep Emmer Demands Answers From Yellen Over Tornado Cash Sanction
Rep Tom Emmer, a United States Congress member and crypto advocate, is seeking answers from the United States Treasury Secretary, Janet Yellen on the sanctioned Tornado Cash cryptocurrency mixing serv...
Cardano Founder Charles Hoskinson Defends Tornado Cash Developers
Tornado Cash is a crypto mixer that recently came under sanction from the United States government. The reasoning given for this was the fact that it was a protocol used by criminals to hide the origi...
Crypto Community Protests Arrest Of Tornado Cash Developer
The arrest of Tornado Cash developer Alexey Pertsev in the Netherlands has resulted in widespread protests in the community. #FreeAlex Snowballs Roughly a week earlier, Dutch law enforcement authorit...
This U.S. Congressman Condemned Tornado Cash Sanctions
U.S. Congressman Tom Emmer sent a letter to Secretary of the Treasury Janet Yellen regarding the sanctions imposed on the Ethereum decentralized exchange Tornado Cash. The government official called t...
Tornado Cash Used to Obfuscate Over $2,440,000,000 Worth of Ethereum (ETH) in First Half of 2022: Report
Crypto traders relied on digital asset mixing service Tornado Cash to conceal billions of dollars worth of Ethereum (ETH) in the first six months of the year. According to a new report from blockchain...
U.S. Lawmaker Questions Treasury Over Tornado Cash Sanctions
Key Takeaways Rep. Tom Emmer (R-MN) raised questions over the decision to sanction Tornado Cash in a letter sent to the Treasury Department today. Emmer called the ban of a “neutral, open-source, dece...
Web3 Proponents Hold Protests Against Tornado Cash Developer’s Arrest – crypto.news
Blockchain enthusiasts and Web3 proponents have launched a protest against the unlawful detention of Tornado Cash creator Alexey Pertsev in the Netherlands. Dozens of people participated in a peaceful...
Cardano Founder Believes Tornado Cash Banning by the U.S is Setting Dangerous Regulatory Precedent
Commenting on sanctions levied on Tornado Cash by the US government, Charles Hoskinson, founder of Cardano, said it is a ‘dangerous regulatory precedent.’ To the unfamiliar, the U.S Treasury Departmen...
The EFF Calls Out OFAC, Asks For Clarity Around The Tornado Cash Situation
It’s time for the EFF to speak out on the Tornado Cash situation. The OFAC sanctioning a smart contract might’ve been going too far, they stepped into the Electronic Frontier Foundation’s turf. We cou...
Protests against the arrest of Tornado Cash developer
More than 50 people gathered at Dam Square in Amsterdam to protest the arrest of Tornado Cash developer Alexey Pertsev. Community rebels against Tornado Cash developer’s arrest Protests over the arres...
Crypto Fans Launch Campaign for Arrested Tornado Cash Developer
Key Takeaways The crypto community has rallied behind the arrested Tornado Cash developer Alexey Pertsev, raising over 2,000 signatures in a petition to raise awareness about his case and potentially ...
Cardano Founder Criticizes Tornado Cash Sanctions
Cardano founder Charles Hoskinson has openly criticized the Treasury Department’s decision to ban crypto mixing tool Tornado Cash. Banning Is Dangerous Precedent: Hoskinson According to Hoskinson, ba...