Tornado Cash


Policy

Crypto Engineers, Investors Sue US Treasury Over Tornado Cash Sanctions

The Treasury’s sanctions watchdog, OFAC, exceeded its authority in blacklisting smart contract wallets, six plaintiffs allege in a new suit.

Preston Van Loon, Prysmatic Labs co-founder at Consensus 2022 in Austin, Texas. (Scott Moore/Shutterstock/CoinDesk)

Videos

Laura Shin on Ethereum Merge's Legal Considerations

Laura Shin, "The Cryptopians" author and "Unchained" podcast host, discusses her take on the upcoming Ethereum Merge and its potential regulatory impact, citing the fallout from sanctioned crypto mixer Tornado Cash. Plus, insights into a recent interview with former BitMex co-founder Arthur Hayes.

Recent Videos

Tech

Can Privacy-Focused Bitcoin Projects Avoid OFAC Sanctions?

Bitcoin that’s been sent through privacy-preserving mixers could be vulnerable to censorship. But there are some workarounds in progress.

Bitcoin transactions that have been through a mixer stand out from the rest. But that could change. (Getty Images)

Layer 2

In Defense of Crime

Crime can be an important signal that something in society needs reforming, writes David Z Morris. Financial surveillance that attempts to completely prevent crime could just make things worse in the long run. This piece is part of CoinDesk's Sin Week.

(Matt Popovich/Unsplash)

Videos

Bitcoin Under $21K After Powell's Hawkish Remarks; Analysts Trim Price Targets for Argo Blockchain

Bitcoin (BTC) dropped following Fed Chair Jerome Powell's hawkish speech at the annual Jackson Hole Economic Symposium. H.C. Wainwright and Jefferies analysts slashed their price targets for Argo Blockchain after disappointing guidance from the bitcoin miner's quarterly results. The wife of Alexey Pertsev, the web developer arrested in Amsterdam over alleged ties to sanctioned crypto mixer Tornado Cash, dismissed speculation her husband had links to the Russian secret service.

Recent Videos

Videos

Alleged Tornado Cash Developer Has No Ties to Russia Secret Service, Wife Says

The wife of Alexey Pertsev, the web developer arrested in Amsterdam over suspected ties to the Tornado Cash crypto mixing protocol, dismissed speculation that her husband had links to the Russian secret service. CoinDesk Regulatory Reporter Jack Schickler breaks down the latest developments.

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Policy

Wife of Arrested Tornado Cash Developer Denies Russia Secret Service Links

Financial-crime analysts at Kharon have connected Alexey Pertsev, who is currently in a Dutch prison awaiting trial on suspicion of facilitating money laundering via crypto protocols, to Russian espionage.

A 2022 protest demonstrates the long fight over Tornado Cash, including the arrest of developer Alexey Pertsev. (Jack Schickler/CoinDesk)

Opinion

Tether’s Tornado Cash Noncompliance Is Less Brave Than You Think

The world’s largest stablecoin issuer won't freeze tainted addresses, for now.

1989 Tiananmen Square protest. (Creative Commons, modified by CoinDesk)