Tornado Cash is officially safe from U.S. sanctions, following a district court ruling on Monday. The Treasury Department’s Office of Foreign Asset Control (OFAC) removed Tornado Cash from its ...
What is Tornado Cash? Tornado Cash is a decentralized, non-custodial crypto mixer designed to enhance transaction privacy on public blockchains. It uses smart contracts and zero-knowledge (ZK) proofs ...
With a jury finalized, the prosecution and defense made their opening statements, each featuring a very different slant on Tornado Cash co-founder Roman Storm’s intentions in creating Tornado Cash.
We find ourselves in the midst of a raucous debate among sanctions practitioners about the impact of the Fifth Circuit’s recent decision upholding a challenge against the sanctions the Office of ...
The Ethereum Foundation has announced financial aid worth $2.25 million to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm, who are facing criminal charges in the U ...
The US Treasury Department’s actions against Tornado Cash were unlawful, and it can’t sanction the crypto mixer again, a Texas federal court judge has ruled. The US Treasury Department’s Office of ...
Over the past several years, as U.S. regulators have grappled with the increasing use of cryptocurrency across a spectrum of legitimate and illegitimate commerce, the U.S. Department of Commerce’s ...
Tornado Cash founder Roman Storm is currently battling with the U.S. government in a heated courtroom trial to avoid decades in prison time. And unlike other high-profile crypto defendants, Storm has ...
Dr. Matthew J. Edman, a specialist in cybersecurity and crypto investigations, detailed for the court how Tornado Cash works and challenged certain claims made by two of the prosecution’s witnesses.
A Manhattan jury found Tornado Cash co-founder Roman Storm guilty of conspiracy to operate an unlicensed money transmitting business in a split verdict on Aug. 6, the Inner City Press reported.
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