US scraps sanctions on Tornado Cash, crypto ‘mixer’ accused of laundering North Korea money
The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions ...
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TORN gains by 100% after U.S delists Tornado Cash from sanctions list – Meaning?
On 21 March, the U.S Treasury delisted Tornado Cash, a cryptocurrency mixer that hides transaction trails and recipients, from its sanctions list. As expected, market insiders hailed the update as ...
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Tornado Cash’s Alexey Pertsev Released After Nine Months To Focus on Appeal
Tornado Cash founder Alexey Pertsev is out of pretrial detention. Pertsev faces charges of facilitating over $1 billion in money laundering. A U.S. court ruled that Tornado Cash’s smart ...
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Tornado Cash dev Alexey Pertsev’s bail a ‘crucial step’ in getting fair trial, defense says
Tornado Cash developer Alexey Pertsev’s lawyer has told Cointelegraph that they “welcome the court’s decision” on Feb. 7 to suspend his pretrial detention, allowing Pertsev to make his ...
Tornado mixer dropped from US blacklist
The US Treasury Department has dropped cryptocurrency mixer Tornado Cash from its sanctions list, the agency said on March 21 ...
The case against Pavel Durov and why it's important for crypto
Durov was part of an investigation containing allegations of negligence and complicity in crimes like narcotics trafficking, ...
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Ethereum Foundation pledges $1.25M to Tornado Cash developer’s defense
The Ethereum Foundation (EF) has donated $1.25 million to support the legal defense of Tornado Cash developer Alexey Pertsev, who is preparing to appeal his money laundering conviction in the ...
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The Ethereum Foundation is donating $1.25M to the legal defense of Alexey Pertsev
The Ethereum Foundation announced it would support the legal defense of Alexey Pertsev, co-founder of Tornado Cash. The Foundation will set aside $1.25M for the task while stating general support ...