Key Takeaways The exploiter behind the $82 million Orbit Brudge hack has reportedly moved $47.7 million to cryptocurrency privacy mixer Tornado Cash. The latest development comes nearly 6 months after the hack took place. On December 31, 2023, Orbit Bridge,…
The conviction of crypto mixing protocol creator Tornado Cash's creator for money laundering might have serious ramifications for others who create open-source software.
Key Takeaways A hacker responsible for the $25 million exploit of quantitative trading firm Kronos Research in November 2023 has begun moving the stolen funds, nearly six months after the initial breach. The fund transfer was brought into limelight by…
Key Takeaways Roman Storm, co-founder of cryptocurrency mixer Tornado Cash, has moved to dismiss charges against him, alleging he operated a money laundering business and violated the International Emergency Economic Powers Act. In a filing to the United States District…
Key Takeaways The Arbitrum DAO has recently retracted a proposal that aimed to allocate funds for the legal defense of Tornado Cash’s developers. The proposal put forth by Arbitrum contributor Joseph Axisa sought to allocate nearly $1.3 million worth of…
Key Takeaways The Blockchain Association, once again, is rallying behind six plaintiffs in their legal battle against the U.S. Treasury Office of Foreign Assets Control (OFAC) over sanctions on Tornado Cash. In a recent amicus curiae brief submitted on November…
A group of Tornado Cash users filed an appeal in federal court in response to a decision that supported the US Treasury Department's decision.
Key Takeaways: A U.S. Federal Court has ruled in favor of the United States Treasury Department’s authority and decision to impose sanctions on the widely-used cryptocurrency mixer, Tornado Cash, due to money laundering concerns. U.S. District Judge Robert Pitman upheld…
Attacker successfully granted 1.2 million votes to a malicious proposal and the proposal received more than 700,000 legitimate votes,
Coinbase is supporting plaintiffs who want the US government's sanctions against crypto mixer Tornado Cash lifted.
