Coin Center may challenge US Treasury’s sanctions on Tornado Cash in court
“By treating autonomous code as a ‘person’ OFAC exceeds its statutory authority,” said Coin Center's Jerry Brito and Peter Van Valkenburgh.
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Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash
Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening…
Tornado Cash community fund multi-signature wallet disbands amid sanctions
The peer-elected signatories for Tornado Cash’s community fund have left the management of the wallet to the DAO.
Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban
Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an…
Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say ‘There Are Many Legitimate Reasons to Seek Financial Anonymity’
The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of…
“It’s Insane”: Crypto Twitter Reacts to Tornado Cash Developer Arrest
Tornado Cash developer Alexey Pertsevs arrest is being met with fierce criticism from the crypto space on Twitter. Prominent community members fear this may indicate an impending crackdown on privacy....
Tornado Cash DAO goes down without explanation following vote on treasury funds
Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions.
Tornado Cash’s Channels Keep Disappearing in Wake of Treasury’s Ban
The official Tornado Cash Telegram channel is still live. Access to Tornado Cash Blocked The Treasury Departments move to blacklist Tornado Cash is continuing to wreak havoc. According to multiple...
Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam
According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado…
dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash
The platform said it has used compliance vendors to scan for and flag accounts potentially associated with illicit activities, including sanctions lists for many countries.