M transferred from TRON to Ethereum linked to pig-butchering scam; $3.1M funneled through Tornado Cash for privacy.

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 actions against Tornado Cash were unlawful, and it can’t sanction the crypto mixer again, a Texas federal court judge has ruled. The US Treasury Department’s Office of ...

Roman Storm, co-founder of the crypto mixing platform Tornado Cash, is urging a U.S. federal judge to dismiss all criminal charges against him. The appeal comes after a ruling by the Fifth Circuit ...

A Manhattan federal jury is now seeing firsthand the crazy, emoji-ridden crypto scam as the trial of the Tornado Cash laundering case continues. Roman Storm, co-founder of Tornado Cash, is responsible ...

Tornado Cash is officially safe from U.S. sanctions, following a district court ruling on Monday. The Treasury Department’s Office of Foreign Asset Control (OFAC) removed Tornado Cash from its ...

These statements were delivered after the jury selection process concluded. The jury consists of seven women and five men; two members of the jury are in their 60s, four in their 40s, one in their 30s ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a monumental shift in regulatory policy, the US government ...

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.

Many projects have been created on top of Ethereum. Fans of the project will talk up the fruits of that blockchain if you let them, but having seen the project’s growth firsthand since its inception ...

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 to conceal the onchain ...