Thu, March 28

Snowden Backs Tornado Cash Developers’ Legal Defense Fund Plea

Tornado Cash developers Roman Storm and Alexey Pertsev have garnered over $350,000 in legal fees and public support from former NSA whistleblower Edward Snowden. U.S. authorities have charged Roman Storm and Roman Semenov of Tornado Cash with violating sanctions and laundering money. The $600 million Ronin Network assault and North

January 24, 2024 1 min read

Crypto Mixer Sinbad Faces U.S Sanctions Over Money Laundering

The cryptocurrency mixer Sinbad was sanctioned by the US Treasury Department’s Office of Foreign Assets Control (OFAC) on charges that it laundered funds for the North Korean hacker organization Lazarus. The OFAC said on November 29 that Sinbad had handled cryptocurrencies valued at millions of dollars from thefts carried out

November 30, 2023 1 min read

Court Upholds US Treasury Sanctions Against Tornado Cash

A federal court yesterday ruled against a motion filed by Coinbase and other crypto industry titans arguing that US Treasury sanctions against crypto mixer Tornado Cash went too far. Six plaintiffs, including two Coinbase personnel, had their motions for summary judgment denied by Judge Robert Pitman of the US District

August 18, 2023 2 mins read

Binance Moves Tornado Cash (TORN) Into Innovative Zone

Binance, the world’s largest crypto exchange, has announced that the exchange has resumed deposits for TORN on the Ethereum and BNB Smart Chain networks. Recently, Tornado Cash (TORN) has witnessed a massive attack. The attacker managed to take full control of the governance through a malicious proposal. Taking control of

May 29, 2023 1 min read

Tornado Cash Community Votes in Favor of Restoring Governance

Thanks to an unexpected request made by the attacker, Tornado Cash governance token holders will soon recover authority over the protocol’s functioning. With this newfound power, the community may drive the protocol toward repair and increased safety. On May 26th, the proposal to return power to the original Tornado Cash

May 29, 2023 1 min read

Tornado Cash Hacker Posted New Proposal To Restore Governance Control

An attacker used a fraudulent contract to get access to thousands of votes and take complete control of the popular cryptocurrency mixer Tornado Cash. Paradigm’s web3 research analyst @samczsun was the first to notice the problem over the weekend. According to a tweet by user samczsun, the attacker claimed to

May 22, 2023 1 min read

Hacker Takes Over Governance Control of Crypto Mixer Tornado Cash

The decentralized cryptocurrency blender Tornado Cash already had difficulties before an attacker took complete control of the governance by submitting a fraudulent proposal. An attacker gained 1.2 million votes for a fraudulent proposal at 3:25 PM ET on May 20. Because the proposition obtained over 700,000 valid votes, the attacker

May 21, 2023 2 mins read

Uranium Finance Exploit Wallet Reactivates Via Tornado Cash

In March, a wallet address 0x59d7…D69 connected with Uranium Finance exploit started moving 2,250 ETH, worth approximately $3.35 million, in stolen funds into the popular crypto mixer, TornadoCash. #CertiKSkynetAlert 🚨 We are seeing a movement of funds to @TornadoCash from address 0x59d7 which is connected to the ~$50m Uranium Finance

May 18, 2023 1 min read

Court Rules Release of Tornado Cash Developer But Under House Arrest

Alexey Pertsev, the creator of Tornado Cash, will be released on certain conditions. After sanctions were placed on the crypto mixing service by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) in August, he was arrested by Dutch police. The developer of Tornado Cash reportedly received some kind

April 20, 2023 1 min read

TORN Price Soars +20% on News of Jailed Developer’s House Arrest

According to recent reports, Tornado Cash developer Alexey Pertsev is set to be released from jail by authorities and will be kept under house arrest with an ankle monitor and surveillance from next week, following a Dutch court ruling.  The Founder of Tornado Cash, Alexey Pertsev has reportedly been released

April 20, 2023 1 min read