A research-driven crypto investment firm, Paradigm, recently filed an amicus brief supporting the co-founder of Tornado Cash, Roman Storm. In the filing, the court argued that the jury needs to be clearly briefed on the definition of the law of what the functioning of a money-transmitting business involves. On June
The developer of the contentious crypto mixer Tornado Cash, Alexey Pertsev, was recently refused release by a court in the Netherlands. The continuing legal issue involving the crypto mixer continues with this new verdict. This was handed out on Friday, July 12. While he gets ready to appeal his conviction,
Cryptocurrency mixing protocols and privacy coins are encountering resistance from European lawmakers. Members of the European Union Innovation Hub—an initiative that brings together representatives from EU agencies and member states—have released their first report on encryption. The “dual-use” aspect of cryptographic technologies is highlighted in the report. The report backed
An effort to have Roman Semenov, co-founder of Tornado Cash, dismissed from charges of conspiracy and money laundering has been opposed by the US Department of Justice (DOJ). It said that early-stage motions are not appropriate for bringing forward contested facts for jury consideration, as the defense had done in
Elliptic, a blockchain analytics company, disclosed a major Lazarus Group transaction involving $12 million worth of Ether. The cryptocurrency mixer Tornado Cash was used to complete this transaction. This platform was used again by the North Korean hacking group despite restrictions. These funds originate from a November cyberattack on HTX
The Blockchain Association has added its voice to that of the six plaintiffs who are challenging the sanctions placed on the cryptocurrency mixer Tornado Cash by the U.S Treasury’s Office of Foreign Assets Control (OFAC). In a Nov. 20 amicus curiae brief to a U.S. appeal court, the crypto advocacy
According to his attorney, Roman Storm, co-founder of Tornado Cash, was freed on bond shortly after his detention by the U.S DOJ on August 23 on money-laundering and other charges. On August 24, Brian Klein, Storm’s attorney, announced his client’s release from jail on Twitter. According to Klein, he is
Tornado Cash (TORN) Token is now available on the cryptocurrency exchange Binance. Users can buy, trade, and withdraw TORN on Binance which starts on these dates: Deposit & Trading: June 6th, 2021 at 6:00 AM UTC Withdrawal : June 6th, 2021 at 2:00 PM UTC Trading Pair: TORN/BTC, TORN/BNB, TORN/BUSD
