What is Tornado Cash, and why did it get into trouble?
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 to conceal the onchain link between the sender and receiver of a transaction. Launched by Roman Storm and Roman Semenov on Ethereum in 2019, Tornado Cash allows […]
Fifth Circuit Rules Tornado Cash Sanctions Exceeded US Treasury’s Authority
A federal appeals court in Texas has overturned sanctions levied against Tornado Cash, a cryptocurrency mixing platform, determining that the Treasury Department acted beyond its lawful authority. Court Rebukes Treasury Department Overreach in Tornado Cash Case On Jan. 21, 2025, the Fifth Circuit Court of Appeals delivered its ruling, responding to a lawsuit filed by […]
TORN price soars 170% after court overturned Tornado Cash sanctions
Court overturns Tornado Cash sanctions. The court’s decision limits OFAC’s power on tech control. TORN price jumps 170% to $21.34 post-ruling. In a landmark decision that could reshape the regulatory landscape for cryptocurrency, the Texas court has overturned sanctions on Tornado Cash, leading to a dramatic 170% surge in the price of its native token, […]
Vitalik Buterin donates $170K to Tornado Cash developers’ legal fund
Many in the crypto industry have criticized US authorities for sanctioning Tornado Cash smart contract addresses and charging developers with money laundering.This post was originally published on this site
Bitcoin ETFs, MicroStrategy, whales spur 3X jump in private BTC txs: Analyst
CryptoQuant’s CEO Ki Young Ju dismissed the idea that private CoinJoin transactions are mostly used by hackers to launder stolen funds.This post was originally published on this site
Binance Australia sued, Interpol issues Red Notice for Hex founder: Law Decoded
ASIC sues Binance Australia for misclassification of clients. Interpol targets Hex’s founder with a Red Notice. Tornado Cash updates emerge.This post was originally published on this site
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.This post was originally published on this site
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.This post was originally published on this site
Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.This post was originally published on this site
Stanford Blockchain Club Challenges DOJ’s Tornado Cash Case
The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,” […]