Tornado Cash (TORN) News

Coin Center, a crypto group performing research and advocacy, filed a suit against the US Treasury Department related to the Tornado Cash ban. The group together with people seeking privacy asked the court to delist the platform from sanctions. Jerry Brito, Coin Center’s director-general tweeted...

On Saturday, August 20, a rally was held on Dam Square in Amsterdam in support of Tornado Cash developer Alexey Pertsev. On August 12, Dutch authorities arrested an unnamed man on suspicion of being involved in money laundering and hiding criminal financial flows through a cryptocurrency mixer....

The imposition of sanctions against the Tornado Cash cryptocurrency service caused discontent among many experts and businesses focused on the blockchain industry. Jesse Powell, CEO of the Kraken exchange, joined the critics of the decision of the US Treasury. He believes that limiting the...

In early August, the US Treasury imposed sanctions against the Tornado Cash service, which allows anonymous sending of digital currencies. Washington has evidence that this site was used for money laundering. The capitalization of the stablecoin Tether (USDT) has increased by almost $2 billion...

On August 10, Netherlands officials arrested a Tornado Cash developer. According to a publication by the state agency investigating financial crimes, the 29-year-old suspect is involved in hiding illicit financial activities, making money laundering easier by mixing cryptos via the Ethereum-based...

Crypto exchange dYdX announced blocking user accounts that interacted with transaction mixer Tornado Cash after the US Treasury imposed sanctions against the program. dYdX released a blog post saying they have made changes within the limits of compliance rules that have unbanned certain addresses....

A new press release by the US Treasury reveals that the agency's Office of Foreign Assets Control sanctioned crypto mixer Tornado Cash. According to the publication, following its launch in 2019, Tornado has been used for laundering digital currencies worth over $7 bln. Tornado is an Ethereum-based...