The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on tightening rules on Russia, with chair Sherrod Brown (D-OH) referencing the need to enforce "economic sanctions."
The U.S. Department of Treasury has clarified that visiting the Tornado Cash website, copying its open source code, or making it available online or in print would not violate sanctions.
Coinbase's Chief Legal Officer Paul Grewal said the sanctions "set a dangerous precedent" and claims it will have a chilling effect on software development.
The recently arrested software developer behind the Tornado Cash ‘coin mixer’ reportedly has links to Russia’s top security agency, adding yet another layer of controversy to an already sketchy ‘crypto’ service.
Dutch Fiscal Information and Investigation Service said the coin mixer had been used to launder over a billion dollars in criminal proceeds, including a hacker group with connections to North Korea.
The National Crime Agency revealed how coin mixers could be used in the same way that cash businesses are often used by criminals to legitimize ill-gotten gains and move them into the financial system.
CoinPool promotes itself as a way to increase "coin onboarding and transactional scaling by orders of magnitude," but in reality, it's another bolt-on "fix" that takes transactions off the blockchain.
56.5% of the BTC collected by hackers during the Twitter scam has been sent to ChipMixer and Wasabi Wallet, according to Elliptic.
A federal court in Washington, D.C., is pushing ahead with charges against an “underground" Bitcoin exchange.
The hackers were able to gain access to high-profile Twitter accounts, encouraging their followers to send BTC to the suspects.
Here’s a friendly reminder that operating coin mixing services is illegal—and that Bitcoin is not for anonymous transactions.
