Code is not law: Tornado Cash co-founder gets 64 months for money laundering
Alexey Pertsev was accused of allowing criminals to launder US$1.2 billion worth of the Ethereum network’s ETH token through the Tornado Cash coin mixing service.
Latest Tornado Cash News
DOJ dismisses Tornado Cash co-founder’s motion to dismiss
Tornado Cash co-founder Roman Storm argues there had been no conspiracy to launder stolen cash and that he has no role in criminals using the coin mixing service—arguments that the DOJ quashed.
Mixerdämmerung: Samourai Wallet arrests herald twilight of the ‘crypto bros’
The Samourai Wallet founders were charged over conspiracy to commit money laundering and operate an unlicensed money-transmitting business.
OFAC around & find out: Tether freezes wallets, Coinbase still acting tough
While Tether attempts to disassociate itself from entities and individuals on Office of Foreign Assets Control’s SDN list, Coinbase is acting tough as it continues to show its rejection of the Office's sanctions list.
US Treasury Deputy says department seeks more authority to fight digital asset crime
As the U.S. untangles digital asset scandals and brings 'crypto' crooks to justice, the Treasury Department is looking to enhance its power to further crack down on illicit activity in the space.
Binance’s $4.3 billion settlement may not spell the end of its legal woes
The Philippines Securities and Exchange Commission recently issued an advisory informing the public that "Binance is NOT AUTHORIZED TO SELL or OFFER SECURITIES" in the country.
Kraken’s growing role as a fiat off-ramp for Tron-based Tether whales
Kraken has become a key fiat off-ramp for Tether's USDT, raising questions about why anyone would send cash to Tether to obtain USDT only to turn around and immediately trade that USDT on Kraken.
Tornado Cash founders charged in $1 billion money laundering scheme, including for North Korea
The two co-founders of the Ethereum-based mixer Tornado Cash were charged by the U.S. Department of Justice with money laundering and sanction violations after they allegedly helped launder $1 billion.
Vitalik Buterin says BTC’s ‘really weird politics’ holding back adoption
Vitalik Buterin said in a Twitter Space with Eric Wall and Udi Wertheimer that BTC has effectively merged its technical and cultural systems, resulting in “really weird politics holding it back."
Tornado Cash users argue DAOs not capable of being subject to sanctions
Plaintiffs claimed that the description of Tornado Cash was inconsistent and that the sanctioned "property" slammed by the OFAC amounts to nothing more than smart contracts.
Tornado Cash coin mixer’s governance lets its guard down, loses control
An unidentified attacker has assumed control of the Tornado Cash DAO governance after tricking users into approving a proposal that contained malicious code.
Tornado Cash developer Alexey Pertsev released pending trial
Alexey Pertsev was arrested nine months ago, just days after the U.S. Treasury sanctioned Tornado Cash coin mixer, and faces charges of facilitating money laundering.