Tornado Cash token falls 57% after Binance announces delisting
The governance token for crypto mixer Tornado Cash (TORN) has fallen by over 50% on Nov. 26-27, according to data from Coingecko. The crash came on the same day that crypto exchange Binance announced it was delisting the token.Tornado Cash 24-hour chart. Source: Coingecko.Tornado Cash is a ...
Blockchain Association files support in suit to lift Tornado Cash sanctions
The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer Tornado Cash.In a Nov. 20 amicus curiae brief to a U.S. appellate court, the crypto advocacy group argue ...
Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions
Republican U.S. Presidential candidate Vivek Ramaswamy unveiled a crypto policy framework on November 16 at the North American Blockchain Summit (NABS) in Fort Worth, Texas. Called, “The Three Freedoms of Crypto,” the framework states that developers of smart contract code shou ...
Tornado Cash users file appeal over judgment in favor of US Treasury
A group of Tornado Cash users has filed an appeal in federal court following a ruling upholding the United States Treasury’s decision to add the cryptocurrency mixer to its list of sanctioned entities.In a Nov. 13 filing in the U.S. Court of Appeals for the Fifth Circuit, lawyers rep ...
Onyx Protocol exploiter begins siphoning $2.1M loot on Tornado Cash
Decentralized peer-to-peer lending protocol Onyx Protocol lost roughly $2.1 million in an exploit of a market with no liquidity that was deployed on Oct. 27. The Onyx Protocol hacker exploited a known bug, a rounding issue behind the popular CompoundV2 fork, explained blockchain inves ...
Tornado Cash co-founder pleads not guilty to all charges: Report
Roman Storm, the co-founder of controversial cryptocurrency mixer Tornado Cash arrested in August, has reportedly pleaded not guilty to all charges related to money laundering and violations of United States sanctions.According to an Sept. 6 X thread from Inner City Press, Storm pleaded no ...
U.S. District Court Dismisses Lawsuit Challenging Sanctions on Crypto-Mixer Tornado Cash
The U.S. District Court for the Western District of Texas has dismissed a lawsuit by users of crypto-mixer Tornado Cash who claim the U.S. Treasury Department overstepped its authority by imposing sanctions on the service. Judge Robert Pitman dismissed a lawsuit filed by six Tornado Cash users ...
Crypto lobbyists still fighting to axe ‘unlawful’ Tornado Cash sanctions
The Blockchain Association and the DeFi Education Fund have become the latest industry advocates to file their support of Coin Center’s lawsuit against the United States Treasury over its “unlawful” sanctions against Tornado Cash.On June 2, the two cryptocurrency industry ...
Court Postpones First Hearing in Tornado Cash Developer’s Case in the Netherlands
The court in the Netherlands postponed the first hearing in the case of Tornado Cash cryptomixer protocol developer Alexei Pertsev until 2024. The decision was handed down on Wednesday, May 24, in Den Bosch. The local court explained that all hearing slots until the en ...
Tornado Cash Users Sue U.S. Treasury Department Over Sanctions, Citing Constitutional Violations
Users of cryptocurrency mixer Tornado Cash sued the U.S. Treasury Department for imposing sanctions on the service, claiming that the open-source software ban violates the U.S. Constitution. On Wednesday, May 24, six Tornado Cash users demanded that the U.S. Treasury Depart ...
Tornado Cash Project Hacked: Attackers Offer to Return Control to the Community
The attackers who recently hacked the Tornado Cash project offered to return control of the project to the cryptocurrency community. The information was made public by user Tornadosaurus-Hex on the Tornado Cash community forum. ...
Tornado Cash Cryptocurrency Mixer Faces Serious Attack, Tokens Withdrawn
Cryptocurrency mixer Tornado Cash suffered a serious attack - an unknown person gained full control over the protocol and has already started withdrawing TORN tokens. An analyst at investment firm Paradigm, using the Twitter pseudonym samczsun, reported that on May 20, so ...
Tornado Cash Hacked: Attacker Seizes Control with Malicious Offer
A hacker seized control of Tornado Cash with a malicious offer He received 1.2 million votes Binance temporarily stops accepting TORN deposits On the evening of May 20, a hacker attacked the Tornado Cash mixer. He was able to gain full control of t ...
Controversial Legal Trial Declares Tornado Cash Mixer Blockade Legitimate
This is the thesis contained in the materials of the trial on the legality of the blocking of the mixer The agency also shifted the responsibility for misconduct on the site In early May there was a trial on the legality of the blocking of the service Tornado Cas ...
BNB Chain Blockchain Adds 191 Projects to Red List to Warn Investors of Potential Fraud
The BNB Chain blockchain developers have taken swift action by adding 191 projects to their red list. This list serves as a warning to investors about the possible dangers of investing in fraudulent projects. The updated list includes projects that have fake tokens, exorbitant withdrawal fees, ...
Blockchain Association and DeFi Education Fund Challenge Sanctions Against Tornado Cash in US Court
The advocacy group, the Blockchain Association, and the DeFi Education Fund have jointly filed an expert opinion with the US District Court in Austin. Challenging the sanctions imposed on the Tornado Cash cryptomixer by the US Treasury Department's Office of Foreign Assets Control (OFAC). Acco ...