US Treasury under Trump could take a different approach to Tornado Cash
Tornado Cash developers are facing criminal charges, and affected parties have civil lawsuits pending against the US Treasury over sanctioning the crypto mixer. Go to Source
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Tornado Cash developers are facing criminal charges, and affected parties have civil lawsuits pending against the US Treasury over sanctioning the crypto mixer. Go to Source
The U.S. Court of Appeals for the Fifth Circuit has overturned a lower court’s decision upholding sanctions against Tornado Cash, a decentralized cryptocurrency mixer. This decision reignites debate over privacy and regulatory limits in the cryptocurrency sector. Treasury’s Authority Challenged: Appeals Court Stirs Tornado Cash Controversy In 2022, under the U.S. Treasury Department, the Office … Read more
The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols. Go to Source
Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases that could prove troublesome to investors and developers. Go to Source
The Coin Center lawsuit, first filed in 2022, noted that one plaintiff used Tornado Cash to protect his identity while donating money. Go to Source
The Democrat members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned. Go to Source
Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial. Go to Source
An exploit on the Base blockchain revealed major vulnerabilities, leading to $1M in stolen funds and raising security alarms in DeFi. Go to Source
Ethereum co-founder Vitalik Buterin has demonstrated his continued support for Tornado Cash developer Roman Storm by donating an additional 100 ETH, valued at approximately $240,000, to Storm’s legal defense fund. This marks the third contribution from Buterin, bringing the total amount raised for the fund to over 327 ETH. The fund was established to assist … Read more
The United States Office of Foreign Assets Control sanctioned the Tornado Cash mixer in 2022 — accusing it of facilitating money laundering. Go to Source