Latest News and Articles about Tornado Cash
DOJ 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 […]
Read MoreLazarus Group Launders 400 ETH via Tornado Cash, Targets Crypto Leaders with Fake Zoom Calls
Lazarus Group’s Latest Moves: 400 ETH Sent to Tornado Cash, Hackers Target Crypto Vets on Zoom – Lazarus Group deposits 400 ETH to Tornado Cash – Linked to major hacks including Ronin and Bybit – North Korean hackers target crypto leaders with fake Zoom calls The notorious Lazarus Group, a North Korean hacking entity known […]
Read MoreInfini Exploit: $49.5M Heist Exposes DeFi Vulnerabilities
Infini Exploit: A $49.5 Million Heist Shakes DeFi’s Foundations On February 24, 2025, Hong Kong-based stablecoin neobank Infini fell victim to a $49.5 million exploit, exposing critical vulnerabilities in the DeFi sector. The incident, involving the manipulation of retained admin privileges in a smart contract, has raised alarms about security and insider threats, especially following […]
Read MoreTornado Cash Developer Alexey Pertsev Released After 9 Months: Privacy vs. Regulation Clash
Tornado Cash Developer Alexey Pertsev Walks Free After Nine Months in Prison Alexey Pertsev, the developer behind Tornado Cash, a tool designed to bolster cryptocurrency privacy, has been released from prison after serving nine months. This significant event underscores the ongoing battle between privacy rights and regulatory oversight in the crypto world, especially after Tornado […]
Read MoreHacker Steals $29M in SUI Tokens: Unveiling the Heist and Crypto Security Challenges
Hacker Steals $29 Million in SUI Tokens: A Deep Dive into the Heist and Its Implications In a daring heist reminiscent of a Hollywood thriller, a hacker made off with $29 million in SUI tokens, exposing the dark underbelly of the crypto world. This incident, uncovered by digital detective ZachXBT, not only underscores the persistent […]
Read MoreTornado Cash Co-Founder Fights Money Laundering Charges: A Crypto Privacy Battle
Tornado Cash Co-Founder Challenges Money-Laundering Prosecution: A Battle for Privacy in Crypto Roman Storm, co-founder of the privacy-focused protocol Tornado Cash, is facing serious charges including conspiracy to commit money laundering, operating an unlicensed money-transmitting business, and sanction evasion. His case has sparked a significant debate over the balance between privacy rights and regulatory oversight […]
Read MoreUS Court Overturns OFAC Sanctions on Tornado Cash: A Win for Crypto Privacy
Crypto Privacy Victory: US Court Overturns OFAC Sanctions on Tornado Cash – Implications for Blockchain In a landmark ruling, the US District Court for the Western District of Texas has overturned the sanctions imposed by the Office of Foreign Assets Control (OFAC) on Tornado Cash, a protocol designed to enhance user privacy by mixing cryptocurrencies. […]
Read MoreEthereum Community Demands Release of Developers Amid Legal Battles
Ethereum Community Rallies for Developers Amid Legal Challenges Inspired by former President Trump’s pardon of Silk Road founder Ross Ulbricht, the Ethereum community is now fervently calling for the release of its own developers: Virgil Griffith, Roman Storm, and Alexey Pertsev. This movement underscores a broader fight for privacy and the rights of software developers […]
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