Latest News and Articles about Tornado Cash
Truebit Token Collapses After $26M Ethereum Hack: Security Flaws Exposed
Truebit Token Crashes After $26M Ethereum Hack: What Went Wrong? Truebit, a layer-2 protocol designed to tackle Ethereum’s steep on-chain computation costs, has been rocked by a brutal $26.6 million exploit, sending its native TRU token into a near-total collapse. This isn’t just a hit to one project—it’s a glaring neon sign flashing “security still […]
Read More$50M Crypto Loss: Address Poisoning Scam Exposes Human Error in Bitcoin & Blockchain Security
Address Poisoning Scam: A $50 Million Copy-Paste Blunder Exposes Crypto’s Fragile Human Layer A devastating copy-paste mistake has cost a crypto trader nearly $50 million in USDT, laying bare the ruthless ingenuity of address poisoning scams. Reported by blockchain security firm SlowMist, this gut-wrenching loss serves as a brutal wake-up call: even the most experienced […]
Read More$50M USDT Stolen in Poisoned Address Scam: Tornado Cash Laundering Sparks Debate
Investor Loses $50M in USDT to Poisoned Address Scam: Tornado Cash Laundering Exposed A crypto investor suffered a devastating blow on December 20, 2025, losing $50 million in USDT (Tether) to a poisoned address scam. This gut-wrenching incident, dissected by blockchain security firm SlowMist, lays bare the predatory tactics of cybercriminals and the unrelenting vulnerabilities […]
Read MoreCrypto Whale Loses $27.3M in Multisig Hack: DeFi Security Flaws Laid Bare
Crypto Whale Loses $27.3M in Multisig Wallet Breach: DeFi Security Risks Exposed A staggering security failure has sent shockwaves through the crypto community as a high-net-worth individual or entity, often dubbed a “whale,” lost $27.3 million from a multisig wallet due to a private key compromise. Reported by blockchain security firm PeckShield, this breach not […]
Read MoreYearn Finance yETH Hack: $3M Stolen as DeFi Security Woes Deepen
Yearn Finance’s yETH Pool Gutted in $3M Hack: DeFi’s Security Nightmare Continues Yearn Finance, a heavyweight in the decentralized finance (DeFi) arena, has been hit hard by a sophisticated exploit targeting its yETH product. In a single, devastating transaction on Monday, attackers drained the entire yETH pool, making off with 1,000 ETH—valued at roughly $3 […]
Read MoreWashington’s Crypto Clampdown: Trump Scandal, Tornado Cash Fight, and Regulatory Overreach
Washington’s Crypto Crackdown Heats Up: Political Bombshells and Legal Fights Take Over Washington is dropping the hammer on the crypto industry this week with a barrage of regulatory moves, political fireworks, and courtroom clashes that could redefine the future of digital assets. Is this the long-overdue cleanup of a chaotic space, or a heavy-handed attempt […]
Read MoreTornado Cash Founder Warns of DOJ Crackdown on DeFi Developers
Tornado Cash Founder Sounds Alarm on DOJ’s DeFi Crackdown Roman Storm, the founder of Tornado Cash, has issued a stark warning to open-source developers: the U.S. Department of Justice (DOJ) is coming for creators of non-custodial financial tools with the threat of retroactive legal consequences. As Storm battles for his freedom in a Manhattan courtroom, […]
Read MoreDOJ Shifts Stance: DeFi Code Isn’t Criminal Unless Intent Proves Malice
DOJ Draws the Line: Writing DeFi Code Isn’t a Crime—Unless You’re a Crook The U.S. Department of Justice (DOJ) has dropped a bombshell for the decentralized finance (DeFi) world: developers writing code for DeFi platforms won’t face prosecution unless there’s hard evidence of criminal intent. Announced at a digital assets summit in Wyoming, this policy […]
Read MoreLazarus Group’s $23M Lykke Hack: Crypto’s Security Crisis Exposed
Lazarus Group Unleashes Chaos: $23M Lykke Hack Exposes Crypto’s Weak Underbelly A chilling wake-up call struck the crypto world when Lykke, a Swiss-founded exchange with significant UK operations, lost $23 million to a brazen hack in June 2024, now confirmed as the largest heist of its kind on British soil. Orchestrated by North Korea’s notorious […]
Read MoreEthereum Foundation Donates $500K to Tornado Cash Developer’s Legal Defense Fund
Ethereum Foundation Donates $500K to Tornado Cash Developer Roman Storm’s Legal Defense The Ethereum Foundation has thrown its weight behind Tornado Cash developer Roman Storm, pledging $500,000 to his legal defense fund after a controversial federal conviction that could see him imprisoned for up to five years. This high-profile case, centered on a privacy protocol […]
Read MoreTrump Pushes Bitcoin in 401(k)s and Battles Debanking with Bold Executive Orders
Trump’s Crypto Gambit: Bitcoin in 401(k)s and a War on Debanking Donald Trump is swinging a double-edged sword at the cryptocurrency world: one edge carves a path for mainstream adoption with bold executive orders, while the other slashes at industry foes like discriminatory banks and overzealous regulators. On August 7, he dropped two game-changing directives […]
Read MoreRoman Storm of Tornado Cash Guilty on One Charge, Hung Jury on Others in Crypto Privacy Clash
Mixed Verdict for Tornado Cash Co-Founder Roman Storm: Guilty on One, Hung on Others in Regulatory Showdown A high-stakes legal battle in Manhattan federal court has delivered a split decision for Roman Storm, co-founder of Tornado Cash, the Ethereum-based cryptocurrency mixing service. After four grueling days of deliberation, a US jury convicted Storm of conspiracy […]
Read MoreSEC’s Peirce Defends Crypto Privacy and Developers Amid Tornado Cash Trial Showdown
SEC Commissioner Peirce Takes a Stand: Crypto Privacy and Developers Under Siege SEC Commissioner Hester Peirce has fired a bold shot across the bow of U.S. regulators, demanding protection for crypto privacy rights and open-source developers who are increasingly caught in the crosshairs of legal overreach. Speaking at the Science of Blockchain Conference, Peirce made […]
Read MoreTornado Cash Trial: Roman Storm’s Verdict Could Reshape Crypto Privacy Laws
Tornado Cash Trial Verdict Looms: Roman Storm’s Fight for Privacy or a Haven for Crime? The federal trial of Tornado Cash co-founder Roman Storm has reached its decisive phase in the Southern District of New York, with closing arguments completed and a verdict anticipated in early August 2025. Far beyond a personal legal battle, this […]
Read MoreRoman Storm Silent in Tornado Cash Trial, Faces 45 Years in Crypto Privacy Battle
Roman Storm Stays Silent in Tornado Cash Trial, Facing 45 Years Over Crypto Privacy Clash Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, has decided not to testify in his defense during a gripping federal trial in Manhattan. Charged with money laundering and sanctions violations, he faces up to 45 years in prison […]
Read MoreDOJ Targets Dragonfly Capital: Is Tornado Cash Investment a Crime Against Crypto Innovation?
DOJ Targets Dragonfly Capital Over Tornado Cash: A Regulatory War on Crypto Innovation? The U.S. Department of Justice (DOJ) is turning up the heat on Dragonfly Capital, a heavyweight in cryptocurrency venture capital, over its early investment in Tornado Cash—a privacy protocol accused of laundering billions in illicit funds. Surfacing during the trial of Tornado […]
Read MoreDOJ Targets Dragonfly Capital in Tornado Cash Trial: Crypto Privacy Under Siege
DOJ Targets Dragonfly Capital in Tornado Cash Co-Founder Roman Storm’s Trial: A Regulatory Reckoning for Crypto Privacy The U.S. Department of Justice (DOJ) has turned up the heat in the trial of Tornado Cash co-founder Roman Storm, now contemplating criminal charges against key figures at Dragonfly Capital, a major crypto venture firm that backed the […]
Read MoreJay Clayton Targets Crypto Again in Tornado Cash Developer Roman Storm’s Trial
Former SEC Chair Jay Clayton Targets Crypto Again as Tornado Cash Developer Faces Trial The crypto world braces for a defining moment as Roman Storm, co-founder of the privacy-focused mixing service Tornado Cash, heads to trial in lower Manhattan. Charged with conspiracy to commit money laundering and evade U.S. sanctions, Storm’s case is led by […]
Read MoreProsecutors Stand Firm on FinCEN Opinion in Tornado Cash Case: Brady Violation Alleged
Prosecutors Defend Withholding FinCEN Opinion in Tornado Cash Case Federal prosecutors are standing firm on their decision not to disclose a Financial Crimes Enforcement Network (FinCEN) opinion in the legal battle against Tornado Cash developer Roman Storm, igniting a massive debate over potential Brady violations and the murky waters of cryptocurrency regulation. Allegations of Brady […]
Read MoreRoman Storm’s Defense Accuses U.S. of Withholding Evidence in Tornado Cash Case
Roman Storm’s Defense Team Accuses U.S. Government Of Withholding Key Exculpatory Evidence Roman Storm, a key developer behind Tornado Cash, faces a legal battle where his defense team has accused U.S. federal prosecutors of withholding crucial evidence that could clear his name. This development comes amid a backdrop of shifting U.S. crypto regulations, raising questions […]
Read MoreDeFi Fund Urges Trump to Halt DOJ’s Case Against Tornado Cash Founder, Citing Innovation Risks
DeFi Education Fund Urges Trump to Intervene in DOJ’s Case Against Tornado Cash Co-Founder The DeFi Education Fund has made a strong call to President Trump, urging him to intervene in the Department of Justice’s (DOJ) ongoing legal battle against Roman Storm, co-founder of Tornado Cash, a cryptocurrency mixing service designed to enhance transaction privacy. […]
Read More35 Crypto Firms Challenge DOJ’s Money Transmission Law Stance in Roman Storm Case
35 Crypto Firms Rally Against DOJ’s Stance on Money Transmission Laws Thirty-five cryptocurrency firms, spearheaded by the DeFi Education Fund, have taken a stand against the Department of Justice’s (DOJ) interpretation of money transmission laws. This united front addresses the legal battle of Roman Storm, a developer of Tornado Cash, igniting a crucial debate on […]
Read MoreUS Treasury Delists Tornado Cash but Faces Backlash Over Lawsuit Dismissal
US Treasury Faces Backlash Over Attempt To Dismiss Tornado Cash Case Without Final Ruling The US Treasury’s decision to delist Tornado Cash from its sanctions list has sparked controversy, with critics arguing that dismissing the lawsuit without a final court ruling could leave the crypto-mixing protocol vulnerable to future attacks. US Treasury delists Tornado Cash […]
Read MoreCoinbase CLO Slams U.S. Treasury Over Slow Tornado Cash Sanctions Removal
Coinbase CLO Criticizes U.S. Treasury Over Tornado Cash Ruling Coinbase’s Chief Legal Officer, Paul Grewal, has openly criticized the U.S. Treasury Department for its reluctance to fully comply with a Fifth Circuit court ruling that mandated the removal of Tornado Cash from the sanctions list. The decision highlighted the non-property status of Tornado Cash’s immutable […]
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