Tornado Cash


Policy

Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations

Storm was arrested last year over his work with the mixer.

SDNY Courthouse 40 Centre Street

Policy

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

The judge will deliver the verdict on May 14, the court said.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Policy

Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial

An indictment by Dutch prosecutors lists 40 suspicious transfers – the largest from the Axie Infinity Ronin exploit.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Finance

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic

The hacking group sent more than 40 transactions to Tornado Cash over the past 24 hours.

Flags fly in Pyongyang, North Korea (Micha Brandli/Unsplash)

Finance

Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk

The exploit has the function to steal deposit data and deposited funds.

Tornado Cash website and Discord taken offline (Nikolas Noonan/Unsplash)

Policy

How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule

FinCEN has some concerns about mixers' use in terrorism. Crypto advocates warn its proposed solution may go too far.

(Nikhilesh De/CoinDesk)

Opinion

Why Tornado Cash Remains the Most Pivotal Legal Case in Crypto

Edward Snowden has backed a legal defense campaign for Roman Storm and Alexey Pertsev, coders behind the mixing service. They deserve the support of the crypto community, which has fundamental rights at stake in the case.

Protestors demonstrate against the arrest of Alexey Pertsev in Amsterdam, August 2022 (Jack Schickler)

Videos

Bitcoin's Volatility Continues; Japan Wants New Web3 Rules

"CoinDesk Daily" host Amitoj Singh breaks down the biggest crypto headlines impacting the industry today, including a closer look at bitcoin's (BTC) latest price action after spot bitcoin ETF approvals in the U.S. earlier this month. Some Japanese congressmen want to carve out policies for Web3, according to CoinDesk Japan. And, two Tornado Cash developers have raised over $350,000 for their legal defense fund.

CoinDesk placeholder image

Policy

Tornado Cash Developers Storm, Pertsev Raise Over $350K for Legal Defense With Support From Snowden

Tornado Cash developers Alexey Pertsev, Roman Storm and Roman Semenov face allegations of money laundering.

Tornado Cash co-founder Roman Semenov (Roman Semenov)

Videos

What's Next for Tornado Cash Developer Roman Storm?

Tornado Cash co-founder Roman Storm pleaded not guilty back in September to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion. CoinDesk managing editor for global policy and regulation Nikhilesh De breaks down what's likely next for Storm, as he is set to go on trial in September 2024.

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