US Treasury Faces Backlash Over Attempt To Dismiss Tornado Cash Case Without Final Ruling The US Treasury’s decision to delist Tornado Cash from its sanctions list has sparked controversy, with critics arguing that dismissing the lawsuit without a final court ruling could leave the crypto-mixing protocol vulnerable to future attacks. US Treasury delists Tornado Cash […]
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Coinbase CLO Criticizes U.S. Treasury Over Tornado Cash Ruling Coinbase’s Chief Legal Officer, Paul Grewal, has openly criticized the U.S. Treasury Department for its reluctance to fully comply with a Fifth Circuit court ruling that mandated the removal of Tornado Cash from the sanctions list. The decision highlighted the non-property status of Tornado Cash’s immutable […]
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Lazarus Group’s Latest Moves: 400 ETH Sent to Tornado Cash, Hackers Target Crypto Vets on Zoom – Lazarus Group deposits 400 ETH to Tornado Cash – Linked to major hacks including Ronin and Bybit – North Korean hackers target crypto leaders with fake Zoom calls The notorious Lazarus Group, a North Korean hacking entity known […]
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Infini Exploit: A $49.5 Million Heist Shakes DeFi’s Foundations On February 24, 2025, Hong Kong-based stablecoin neobank Infini fell victim to a $49.5 million exploit, exposing critical vulnerabilities in the DeFi sector. The incident, involving the manipulation of retained admin privileges in a smart contract, has raised alarms about security and insider threats, especially following […]
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Tornado Cash Developer Alexey Pertsev Walks Free After Nine Months in Prison Alexey Pertsev, the developer behind Tornado Cash, a tool designed to bolster cryptocurrency privacy, has been released from prison after serving nine months. This significant event underscores the ongoing battle between privacy rights and regulatory oversight in the crypto world, especially after Tornado […]
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Hacker Steals $29 Million in SUI Tokens: A Deep Dive into the Heist and Its Implications In a daring heist reminiscent of a Hollywood thriller, a hacker made off with $29 million in SUI tokens, exposing the dark underbelly of the crypto world. This incident, uncovered by digital detective ZachXBT, not only underscores the persistent […]
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Tornado Cash Co-Founder Challenges Money-Laundering Prosecution: A Battle for Privacy in Crypto Roman Storm, co-founder of the privacy-focused protocol Tornado Cash, is facing serious charges including conspiracy to commit money laundering, operating an unlicensed money-transmitting business, and sanction evasion. His case has sparked a significant debate over the balance between privacy rights and regulatory oversight […]
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Crypto Privacy Victory: US Court Overturns OFAC Sanctions on Tornado Cash – Implications for Blockchain In a landmark ruling, the US District Court for the Western District of Texas has overturned the sanctions imposed by the Office of Foreign Assets Control (OFAC) on Tornado Cash, a protocol designed to enhance user privacy by mixing cryptocurrencies. […]
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Ethereum Community Rallies for Developers Amid Legal Challenges Inspired by former President Trump’s pardon of Silk Road founder Ross Ulbricht, the Ethereum community is now fervently calling for the release of its own developers: Virgil Griffith, Roman Storm, and Alexey Pertsev. This movement underscores a broader fight for privacy and the rights of software developers […]
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U.S. Texas Court Revokes Sanctions on Tornado Cash Amid Legal Battle – Sanctions on Tornado Cash reversed – TORN token surges over 180% – OFAC accused Tornado Cash of laundering funds for Lazarus Group – Fifth Circuit Court rules OFAC overstepped authority – Alexey Pertsev remains in custody on money laundering charges Can privacy tools […]
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