What is Tornado Cash? Tornado Cash is a decentralized, non-custodial crypto mixer designed to enhance transaction privacy on public blockchains. It uses smart contracts and zero-knowledge (ZK) proofs ...
The US Treasury Department’s Office of Foreign Assets Control can’t restore or reimpose sanctions against the crypto mixing service Tornado Cash, a US federal court has ruled. Austin federal court ...
In a virtual hearing, the judge presiding over the Tornado Cash case didn't mince words as she highlighted what she plans to focus on as trial begins next week. Today, the Southern District of New ...
A month ago, Roman Storm took to X with a message—half lament and half warning—to his supporters in the cryptocurrency scene: “In 31 days, I face trial,” he wrote. “I’m fighting, but the weight is ...
CertiK noted that earlier this year, the U.S. Treasury Department made a groundbreaking decision to lift sanctions on Tornado Cash, an Ethereum-based cryptocurrency mixing service that had been a ...
Dr. Matthew J. Edman, a specialist in cybersecurity and crypto investigations, detailed for the court how Tornado Cash works and challenged certain claims made by two of the prosecution’s witnesses.
The U.S. Department of the Treasury carried out a sanction against Tornado Cash and a federal district court ruled it was lawful. The U.S. Fifth Circuit reversed the lower court ruling, characterizing ...
In late 2022, former President Biden authorized the U.S. Treasury Department to sanction crypto mixer Tornado Cash due to its alleged role in laundering virtual currency for malicious cyber actors.
U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers.
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