A new report has revealed that 5 out of 6 top Ethereum block builders comply with OFAC sanctions. Market experts have been debating on whether the Ethereum blockchain is subject…
Browsing: Tornado Cash
Roman Storm pleads not guilty to charges related to money laundering and U.S. sanctions in the Tornado Cash case, with implications tied to the Lazarus Group and North Korea. Co-founder…
Co-founder of Tornado Cash sanctioned by the U.S. DOJ. The recent development could have a massive impact on the stability of the crypto market. The month of August is presenting…
Federal Judge Pitman has affirmed the sanctions on Tornado Cash. The sanctions came as a result of its role in laundering over $7 billion worth of crypto. A Federal Court…
Bitcoin breaks key support level to trade below $27k. U.S. Federal Reserve Chair Jerome Powell has hinted that the Central Bank could be forced to ease back on interest rate…
Tether says the US treasury had failed to indicate that stablecoin issuers were expected to freeze secondary market public addresses published on the OFAC SDN list despite sanctioning Tornado Cash.…
The Dutch authorities have recently arrested the developer of Tornado Cash, Alexey Pertsev. In response, decentralized finance (DeFi) aggregator 1inch, is organizing a rally to show support and protest the…
FIOD accused the individual of concealing criminal flows and facilitating money laundering using Tornado Cash. Crypto mixer Tornado Cash has been in the eyes of regulators recently with the U.S.…
TRM Labs researchers have also stated that North Koreans have taken advantage of the poor control implementation of the platform to move $1 billion of stolen funds. North Korea’s Lazarus…
Bitcoin mixers are processing tens of billions each year and while they are not illegal, a sizable chunk of the funds are from illicit activities. The users claim that mixers…