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Tornado Cash
Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk
The exploit has the function to steal deposit data and deposited funds.
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.
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.
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.
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.
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.
Tornado Cash Developer Roman Storm Will Go to Trial in 2024
CoinDesk managing editor for global policy and regulation Nikhilesh De shares an update on legal developments for Tornado Cash developer Roman Storm, after he pleaded not guilty to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion. Prosecutors allege that he helped bad actors launder over $1 billion in stolen crypto through their work building Tornado Cash.
U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'
Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto, Treasury's FinCEN proposed a rule to categorize mixers as a threat.
Tornado Cash Trading Volumes Plunged After U.S. Sanctions: TRM Labs
Overall usage of crypto mixer Tornado Cash dropped 90% following U.S. sanctions, a new report from blockchain analytics firm TRM Labs shows. The U.S. Department of Justice has alleged the service was used to launder more than $1 billion in illicit funds, including by North Korean hacker group Lazarus. Jennifer Sanasie presents "The Chart of the Day."
Could This Vitalik-Backed Protocol Bring Privacy to a Regulated Crypto World?
A new paper from Ethereum’s co-founder and four co-authors including Illum proposes a solution to Tornado Cash’s inability to separate the activity of bad actors from good ones.
