The DeFi education fund has requested the Trump administration to put a stop to what it describes as the lawless prosecution against open-source software developers such as Roman Storm, one of the founders of Tornado Cash. The education fund wrote a letter to White House crypto czar David Sacks on
It was Karma’s revenge in the crypto space as the hacker who stole 2,930 ETH worth about $9.6 million from zkLend has lost it all to a phishing scam. The attacker, attempting to launder the funds through Tornado Cash, later ended up sending everything to a fake version of Tornado
The U.S. Treasury has dropped Tornado Cash from its sanctions list, claiming this makes an ongoing lawsuit against it irrelevant. However, Coinbase’s Chief Legal Officer, Paul Grewal, argues this move is a legal tactic to avoid a final court judgment—one that lacks any real assurance for the future. Grewal criticized
Tornado Cash (TORN) price is showing a strong upward trend and surged 42% in the intraday session. The bulls are looking aggressive and have reached new heights. TORN cryptocurrency has increased by more than 59% in the past week, indicating positive momentum. TORN price trading above 50-day and 200-day exponential
On February 7, 2025, Alexey Pertsev, the founder of Tornado Cash, was freed from prison after a few months. Pertsev’s Release and Legal Battle A Dutch court ruled that Pertsev’s pretrial detention must be terminated, but he will be under house arrest and electronically monitored. Most people who are concerned
In this Tornado Cash (TORN) price prediction 2025, 2026-2030, we will analyze the price patterns of TORN by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Tornado Cash (TORN) Current Market Status What is Tornado Cash (TORN)? Tornado Cash (TORN)
Tornado Cash token price surge by 1000% following a major legal victory. A U.S. appeals court overturned sanctions imposed by the U.S. Treasury Department, ruling that Tornado Cash’s smart contracts lines of code designed to enhance privacy—cannot be classified as property under U.S. law and, therefore, cannot be sanctioned. Tornado
The U.S. Fifth Circuit Court of Appeals has ruled that the Treasury Department’s Office of Foreign Assets Control (OFAC) overstepped its authority in sanctioning immutable smart contracts of Tornado Cash. The court found these contracts, as self-executing open-source software, cannot be classified as property under the International Emergency Economic Powers
Developers of privacy-preserving technology are understandably concerned by the decision to keep Alexey Pertsev in pre-trial detention. While he awaits trial, Pertsev, developer of the Tornado Cash protocol for mixing cryptocurrencies, will stay in custody. Pertsev voiced his displeasure with the court’s decision to prolong his detention in a post
Tornado Cash co-founder Roman Storm will stand trial after a U.S. federal judge denied his motion to dismiss the case. On September 26, 2024, Judge Katherine Polk Failla ruled that Storm’s involvement in Tornado Cash extended beyond merely developing software. The platform reportedly laundered over $1 billion, with funds linked
