Tornado Cash
North Korean Hackers Attempt to Launder Funds Stolen From Harmony Bridge.
The North Korean hackers behind the Harmony Bridge attack in June 2022 have once again tried to launder the stolen funds. The hackers, as per blockchain sleuth ZachXBT, moved 17,278…
US Treasury Tightens Noose Around Tornado Cash Because of North Korea.
The U.S Treasury has amended sanctions on Tornado Cash after establishing the cryptocurrency mixer’s role in North Korea’s nuclear weapons program. Its Office of Foreign Asset Control (OFAC) also named…
Sanctions on Tornado Cash is Deeply Illiberal, Profoundly Authoritarian.
Edward Snowden, the former American computer intelligence consultant who leaked highly classified NSA documents in 2013, says it’s a do-or-die moment for Ethereum mixing tool Tornado Cash which has been…
Alexey Pertsev, the Creator of Tornado Cash, Will be Behind Bars Until Late February.
A Dutch court determined that Alexey Perstev posed a flight risk and ordered him to remain behind bars until February 20. Since the U.S. Treasury utilized its sanction authority against…
Tornado Cash Sanctions by the U.S. Treasury Have a New Facet.
Tornado Cash is a troubled cryptocurrency mixer whose issues keep getting worse. New penalties from the US Treasury emphasize its contribution to North Korea’s nuclear weapons program. On November 8,…
Around $1 million Stolen from Ethereum Vanity Wallet Address, Tornado Cash Used.
Hackers made off with 732 Ether (ETH), worth around $950,000, from an address created at the Ethereum vanity wallet address generator Profanity. They also reportedly utilized the sanctioned crypto mixer…
GitHub partly unbans Tornado Cash.
After several weeks of being banned on GitHub, Tornado Cash has returned to the software development platform. Preston Van Loon, the Ethereum developer, tweeted that GitHub has partly unbanned the…
Sanctions on Tornado Cash has left vacuum for illicit fund mixing services: Chainalysis.
Jacob Illum, the chief scientist at Chainalysis, believes that sanctions on Tornado Cash have left a vacuum for illicit fund mixing services. But he said more time is needed before…
OFAC offers way for Tornado Cash users to legally withdraw deposited funds.
The US Treasury’s Office of Foreign Asset Control (OFAC) will provide an avenue for Tornado Cash users to legally withdraw deposited funds. The Treasury Department had banned Tornado Cash in…
$500,000 DAI stolen funds being moved to Tornado Cash:Peckshield.
Blockchain security firm Peckshield has highlighted the movement of stolen $500,000 DAI to Tornado Cash. It revealed that an Ethereum address associated with an exploit in 2021 of DAO Maker…
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