Judge rules Tornado Cash co-founder will face trial for money laundering
Roman Storm will face trial on Dec. 2 for alleged money laundering via Tornado Cash. The judge rejected Storm’s defence that his code was protected under the First Amendment. The…
WazirX hacker sends $6.5M ETH to Tornado Cash amid ongoing INR withdrawals
WazirX hacker sends $6.5M ETH to Tornado Cash as the second phase of INR withdrawals starts The hack on July 18 led to a $230M theft, causing halted trading and…
Wallets linked to CoinStats exploit transfer 311 ETH to Tornado Cash
CertiK has revealed that two CoinStats exploit wallets have moved 311 ETH ($959K) to Tornado Cash. CoinStats breach on June 22 affected 1,590 wallets after AWS was hacked via social…
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…