Developer of Tornado Cash found guilty of money laundering in the Netherlands
Alexey Pertsev, Tornado Cash developer, found guilty of laundering $1.2B in the Netherlands. Despite Tornado Cash being non-custodial, Pertsev sentenced to over 5 years in prison. Verdict sparks debate on…
Tornado Cash nosedives 55% after Binance announces TORN delisting
Tornado Cash (TORN) price fell sharply on Monday afternoon, nosediving 55% from near $4.00 to lows of $1.64. The decline followed Binance’s announcement that it would list TORN, WTC, PERL…
Tornado Cash founders charged with money laundering
DOJ has arrested Storm and is on the lookout for Semenov. Tornado Cash was used in several crypto heists last year. OFAC had sanctioned Tornado Cash in August of 2022.…
Tornado Cash price: no TORN boost even as deposits resume on major exchange
TORN price was down 3% and traded near $4.09. Binance had on Monday announced it would be resuming TORN deposits. The Tornado Cash DAO suffered a security breach as an…
TORN price dumps 50% after attacker takes over Tornado Cash DAO
TORN price fell more than 40%, dropping from highs of $7.29 to lows of $3.55. This is after the Tornado Cash DAO had passed a malicious proposal that included a…
Tornado Cash’s TORN takes a ride after developer Alexey Pertsev release news
Alexey Pertsev is the developer of the banned Tornado Cash platform. Pertsev was arrested by Dutch officials in August 2022 Previously, a Dutch court had ruled to detain Pertsev until…
Sanctions couldn’t terminate Tornado Cash, says Chainalysis
The decentralised nature of Tornado Cash has made it nearly impossible to put an end to it. Chainalysis revealed that total inflows to the mixer dropped by 68% in the…
GitHub lifts ban on Tornado Cash’s code repositories
GitHub, the most widely used software hosting online platform, has today reversed its decision… The post GitHub lifts ban on Tornado Cash’s code repositories appeared first on CoinJournal.
Shutting down Tornado Cash may be unconstitutional, says Kraken’s CEO
The CEO of Kraken believes that the shutting down of Tornado Cash by the… The post Shutting down Tornado Cash may be unconstitutional, says Kraken’s CEO appeared first on CoinJournal.
What Is Tornado Cash And How Does It Work?
Table of Contents What is Tornado Cash? A Practical Example of How Tornado Works Unique Features of Tornado Cash The US Sanction on Tornado Cash The Effect of the Ban…