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Tornado Cash

Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
Video
Coinbase
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
A group of crypto investors and developers lost a lawsuit funded by Coinbase that sought to argue the U.S. Treasury Department overstepped its authority in sanctioning Tornado...
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
By CoinDesk Staff
Aug 18, 2023 at 5:51 p.m. UTC
Aug 18, 2023
CoinbasecdtvHash clipTornado Cash
Kristin Smith, CEO, Blockchain Association (Shutterstock/CoinDesk)
Policy
Blockchain association
Blockchain Association Files Amicus Brief in Coin Center Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions
In a statement, the trade group’s CEO Kristin Smith, said that regulatory actions should only target bad actors and not punish the crypto mixing tool.
Kristin Smith, CEO, Blockchain Association (Shutterstock/CoinDesk)
By James Rubin
Jun 2, 2023 at 6:11 p.m. UTC
Jun 2, 2023
Blockchain AssociationKristin SmithTornado CashU.S. Treasury
(Antonio Masiello/Getty Images)
Policy
Tornado cash
Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake
Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue.
(Antonio Masiello/Getty Images)
By Sam Reynolds
May 25, 2023 at 8:18 a.m. UTC
May 25, 2023
Tornado CashSanctionsU.S.
A illustrative example of a Tornado. (NOAA)
Technology
Defi
Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.
A illustrative example of a Tornado. (NOAA)
By Shaurya Malwa
May 25, 2023 at 7:05 a.m. UTC
May 25, 2023
DeFiHacksTornado CashToken GovernanceOn-chain Data
Tornado Cash Developer Facing Dutch Charges to Question Chainalysis Data
Video
Chainalysis
Tornado Cash Developer Facing Dutch Charges to Question Chainalysis Data
Tornado Cash developer Alexey Pertsev will be allowed to cross-question blockchain analytics company Chainalysis as he seeks to clear his name of money laundering charges, acc...
Tornado Cash Developer Facing Dutch Charges to Question Chainalysis Data
By CoinDesk Staff
May 24, 2023 at 2:31 p.m. UTC
May 24, 2023
ChainalysisNikhilesh DecdtvFM ClipTornado CashNik DeAlexey Pertsev
Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev was tried (Jack Schickler/CoinDesk)
Policy
Regulations
Tornado Cash Dev Facing Dutch Charges to Question Chainalysis Data Alleging Criminal Links
Lawyers for the privacy protocol developer facing money laundering charges in the Netherlands have disputed the evidence purporting to prove links to criminal money.
Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev was tried (Jack Schickler/CoinDesk)
By Jack Schickler
May 24, 2023 at 11:42 a.m. UTC
May 24, 2023
RegulationsTornado CashTornAlexey PertsevThe Netherlands
Tornado Cash’s TORN Token Rises After Attacker Proposes to Undo Attack
Video
Defi
Tornado Cash’s TORN Token Rises After Attacker Proposes to Undo Attack
The Tornado Cash token (TORN) rose after a proposal submitted by a wallet address linked to a recent attack on the decentralized autonomous organization’s (DAO) governance sta...
Tornado Cash’s TORN Token Rises After Attacker Proposes to Undo Attack
By CoinDesk Staff
May 22, 2023 at 5:16 p.m. UTC
May 22, 2023
DeFicdtvHash clipDAOTornado CashTorn
A illustrative example of a Tornado. (NOAA)
Markets
Tornado cash
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.
A illustrative example of a Tornado. (NOAA)
By Sam Reynolds
May 22, 2023 at 3:34 a.m. UTC
May 22, 2023
Tornado CashTokensExploit
Private, but innocent. (Getty)
Technology
Privacy
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved i...
Private, but innocent. (Getty)
By Bradley Keoun
May 8, 2023 at 1:58 p.m. UTC
May 8, 2023
PrivacyEthereumDigital Currency GroupPolygonBinance Smart ChainArbitrumTornado CashAnti-Money LaunderingSanctions