Federal prosecutors have decided to drop a portion of their criminal case against Roman Storm, co-founder of crypto mixer Tornado Cash, following a major policy shift from the U.S. Department of Justice (DOJ) on crypto enforcement. However, the bulk of the charges—including serious allegations of money laundering and sanctions violations—remain ...
After more than five months of inactivity, the hacker behind the 2022 Voltage Finance exploit has resurfaced—this time, moving a portion of the stolen Ether through Tornado Cash, a privacy-focused mixer. On May 6, blockchain security firm CertiK flagged the movement of 100 Ether, worth approximately $182,783 at the time, ...
The hacker responsible for the $9.6 million exploit of zkLend claims to have lost a significant amount of the stolen funds to a phishing scam that mimicked Tornado Cash. On March 31, they revealed via Etherscan that they mistakenly transferred 2,930 Ether (ETH) to a fraudulent Tornado Cash site, thinking ...
A coalition of 34 crypto firms and advocacy groups has called on Congress to push back against the Department of Justice's broad interpretation of laws used to prosecute Tornado Cash developers. In a letter dated March 26, they warned that the DOJ's stance regarding unlicensed money transmission could criminalize many ...
The Ethereum Foundation (EF) has contributed $1.25 million to assist Tornado Cash developer Alexey Pertsev in his legal battle as he prepares to appeal his money laundering conviction in the Netherlands. Announcing the donation on February 26 via X, the Foundation emphasized the importance of privacy and defended the right ...
Alexey Pertsev, a developer for the controversial cryptocurrency mixing platform Tornado Cash, is set to be released from prison on February 7. In a post on X, Pertsev announced his release, noting that a Dutch court had recently cancelled his pretrial detention. This decision allows him to complete the rest ...
The hacker responsible for the July breach of Indian cryptocurrency exchange WazirX has moved approximately $23 million in stolen assets to Tornado Cash. In an X post on Thursday, September 12, 2024, Cyvers Alerts reported that the hacker transferred 5,000 ETH (roughly $11.7 million) to a new address, with $4.7 ...
The hacker behind the Penpie protocol breach has reportedly withdrawn approximately $7 million of the stolen funds through the crypto mixer Tornado Cash just 12 hours after stealing $27 million. 🚨ALERT🚨@Penpiexyz_io exploiter has deposited around $7M to @TornadoCash at https://t.co/f17YcJ6blH Want to keep your company off our alerts radar? Learn ...
OKX CEO Star Xu has announced that the exchange will terminate any accounts found to be using Tornado Cash in a move to bolster financial integrity and enhance compliance with international sanctions. Xu stressed that OKX's risk control mechanisms will be activated if users deposit funds from sanctioned entities like ...
A blockchain wallet associated with a known crypto hacker has moved 9.75 million $DAI and 17.75 $ETH to an intermediary address. According to on-chain data, the hacker quickly converted the DAI to 16,890 ETH, then sent 2,400 ETH (approximately $7 million) to Tornado Cash, a cryptocurrency mixer. Blockchain forensics firm ...
