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US Court Reverses Sanctions Against Tornado Cash: All You Need to Know
A US federal court has overturned the 2022 sanctions against Tornado Cash. The Fifth Circuit Court in New Orleans ruled that immutable smart contracts do not qualify as property, making them ineligible for sanctions under existing laws.
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US Court Links Sanctions On Tornado Case Linked To North Korean Hackers
Tornado Cash ensures anonymity by allowing token withdrawals from one address while accepting token deposits from another.
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WazirX Hacker Moves Millions Worth of ETH Using Tornado Cash, Suggests Arkham Research
Data collected by Arkham Research showed that the hacker who exploited the WazirX wallet for over $230 million (roughly Rs. 1,900 crore) is using the controversial Tornado Cash platform to do so. The exchange said it is working with law enforcement agencies and the CERT-In to identify the hacker.
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WazirX Hit With Security Breach With $234.9 Million Said to Be at Stake; Withdrawals, Deposits Halted
One of WazirX’s multi-signature wallets suffered a security breach on Thursday. In an official statement addressing the incident, WazirX said: “We're aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident.”
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Tornado Cash Developer Sentenced to 64 Months in Prison on Charges of Laundering $1.2 Billion: Report
Alexey Pertsev, the developer of controversial crypto mixer Tornado Cash, has reportedly been found guilty of laundering unlawful funds via the platform. Prosecutors have blamed the developer for not doing enough to restrict crypto criminals from exploiting the Tornado Cash platform.
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Privacy Pools 'Zero-Knowledge' Crypto Mixer Under Development, Former Tornado Cash Developer Says
Ameen Soleimani, one of the developers who had worked on Tornado Cash and is now creating a legally compliant alternative to the sanctioned privacy mixer. Named Privacy Pools, this mixer will let users prove that they are not linked to criminal activities.
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Tornado Cash Developer Alexey Pertsev to Remain in Jail, Custody Extended by 3 Months
Tordano Cash developer Alexey Pertsev, who was arrested by the Dutch police last year, will continue to be in prison at least until April this year.
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Tornado Cash Users to Get Benefits for Proving Their Funds Are Not Stolen, Here’s How
Web3 builder Chainway has launched a new feature called the ‘Proof-of-Innocence', which will reward ethical TORN holders. Proof of Innocence is a tool that allows users to prove that their withdrawals from Tornado Cash are not from stolen funds gathered by illicit activities.
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Two Arrested in Estonia for Cheating Hundreds of Thousands in $575 Million Crypto Fraud Scheme
Authorities in Estonia have arrested two men on suspicion of defrauding $575 million (roughly Rs. 4,700 crore) from hundreds of thousands of people, police said on Monday. The joint operation involved more than 100 police officers, including around 15 US federal agents. According to a statement by the authorities, "invited people to invest in their...
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US Treasury Offers a Way for Users to Recover Funds From Crypto Mixer Tornado Cash
Over a month after placing the Ethereum coin-mixing tool Tornado Cash under sanctions, the US Treasury Department has now announced a way for Tornado Cash users to recover their funds.
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Over $100 Million Worth of NFTs Stolen by Hackers Between July 2021-2022: Elliptic
The NFT sector, is under constant threat from hackers who intend on stealing digital collectibles from expensive, exclusive NFT series. Elliptic, in its recent report, has said that NFTs worth $100 million (roughly Rs. 800 crore) have been stolen between July 2021 and July 2022 alone. July 2022, meanwhile, has emerged as the highest month on record...
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Dutch Detain Suspected Developer Of Crypto Mixer Tornado Cash
Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its sanctions list this week.
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Suspected Tornado Cash Crypto Mixer Developer Detained by Dutch Authorities: Details
Dutch authorities have arrested a 29-year-old man suspected of being a developer for the crypto mixing service Tornado Cash. The cryptocurrency blending service was put on a US sanctions list on Monday, over allegations that it has been used to launder more than $7 billion (roughly Rs. 55,700 crore) worth of virtual currency since 2019.
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US Treasury Department Levies Sanctions Against Crypto Mixer Tornado Cash for Being Used to Launder Money
The US Department of the Treasury has announced sanctions against the virtual currency mixer Tornado Cash, which it claims has helped launder more than $455 million (roughly Rs. 3,618 crore) for the Lazarus Group, a hacking organisation associated with the North Korean government.
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US Imposes Sanctions On Digital Currency Mixer Firm Tornado Cash
The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes.
-
US Court Reverses Sanctions Against Tornado Cash: All You Need to Know
A US federal court has overturned the 2022 sanctions against Tornado Cash. The Fifth Circuit Court in New Orleans ruled that immutable smart contracts do not qualify as property, making them ineligible for sanctions under existing laws.
-
US Court Links Sanctions On Tornado Case Linked To North Korean Hackers
Tornado Cash ensures anonymity by allowing token withdrawals from one address while accepting token deposits from another.
-
WazirX Hacker Moves Millions Worth of ETH Using Tornado Cash, Suggests Arkham Research
Data collected by Arkham Research showed that the hacker who exploited the WazirX wallet for over $230 million (roughly Rs. 1,900 crore) is using the controversial Tornado Cash platform to do so. The exchange said it is working with law enforcement agencies and the CERT-In to identify the hacker.
-
WazirX Hit With Security Breach With $234.9 Million Said to Be at Stake; Withdrawals, Deposits Halted
One of WazirX’s multi-signature wallets suffered a security breach on Thursday. In an official statement addressing the incident, WazirX said: “We're aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident.”
-
Tornado Cash Developer Sentenced to 64 Months in Prison on Charges of Laundering $1.2 Billion: Report
Alexey Pertsev, the developer of controversial crypto mixer Tornado Cash, has reportedly been found guilty of laundering unlawful funds via the platform. Prosecutors have blamed the developer for not doing enough to restrict crypto criminals from exploiting the Tornado Cash platform.
-
Privacy Pools 'Zero-Knowledge' Crypto Mixer Under Development, Former Tornado Cash Developer Says
Ameen Soleimani, one of the developers who had worked on Tornado Cash and is now creating a legally compliant alternative to the sanctioned privacy mixer. Named Privacy Pools, this mixer will let users prove that they are not linked to criminal activities.
-
Tornado Cash Developer Alexey Pertsev to Remain in Jail, Custody Extended by 3 Months
Tordano Cash developer Alexey Pertsev, who was arrested by the Dutch police last year, will continue to be in prison at least until April this year.
-
Tornado Cash Users to Get Benefits for Proving Their Funds Are Not Stolen, Here’s How
Web3 builder Chainway has launched a new feature called the ‘Proof-of-Innocence', which will reward ethical TORN holders. Proof of Innocence is a tool that allows users to prove that their withdrawals from Tornado Cash are not from stolen funds gathered by illicit activities.
-
Two Arrested in Estonia for Cheating Hundreds of Thousands in $575 Million Crypto Fraud Scheme
Authorities in Estonia have arrested two men on suspicion of defrauding $575 million (roughly Rs. 4,700 crore) from hundreds of thousands of people, police said on Monday. The joint operation involved more than 100 police officers, including around 15 US federal agents. According to a statement by the authorities, "invited people to invest in their...
-
US Treasury Offers a Way for Users to Recover Funds From Crypto Mixer Tornado Cash
Over a month after placing the Ethereum coin-mixing tool Tornado Cash under sanctions, the US Treasury Department has now announced a way for Tornado Cash users to recover their funds.
-
Over $100 Million Worth of NFTs Stolen by Hackers Between July 2021-2022: Elliptic
The NFT sector, is under constant threat from hackers who intend on stealing digital collectibles from expensive, exclusive NFT series. Elliptic, in its recent report, has said that NFTs worth $100 million (roughly Rs. 800 crore) have been stolen between July 2021 and July 2022 alone. July 2022, meanwhile, has emerged as the highest month on record...
-
Dutch Detain Suspected Developer Of Crypto Mixer Tornado Cash
Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its sanctions list this week.
-
Suspected Tornado Cash Crypto Mixer Developer Detained by Dutch Authorities: Details
Dutch authorities have arrested a 29-year-old man suspected of being a developer for the crypto mixing service Tornado Cash. The cryptocurrency blending service was put on a US sanctions list on Monday, over allegations that it has been used to launder more than $7 billion (roughly Rs. 55,700 crore) worth of virtual currency since 2019.
-
US Treasury Department Levies Sanctions Against Crypto Mixer Tornado Cash for Being Used to Launder Money
The US Department of the Treasury has announced sanctions against the virtual currency mixer Tornado Cash, which it claims has helped launder more than $455 million (roughly Rs. 3,618 crore) for the Lazarus Group, a hacking organisation associated with the North Korean government.
-
US Imposes Sanctions On Digital Currency Mixer Firm Tornado Cash
The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes.
