Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash. Go to Source
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North Korea used Tornado Cash to siphon HTX’s $147.5M loot: UN
A UN report reveals North Korean hackers laundered $150 million in stolen crypto assets through Tornado Cash in March 2024. Go to Source
$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing. Go to Source
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons Tornado Cash Developer for $2.2 Billion Money Laundering via Crypto Mixing … Read more
Tornado Cash developer guilty of money laundering
Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Tornado Cash. Go to Source
Stolen Poloniex Ether worth $53M never made it back to the exchange
The Poloniex hacker moved over 17,800 Ether (ETH) from six different wallets into a single Tornado Cash address. Go to Source
Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges
If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said. Go to Source
WBTC thief spreads $71M loot across multiple crypto wallets
Stolen crypto from a $71 million wallet impersonation scam is on the move after six days of dormancy. Go to Source
Kronos Research hacker shifts funds to Tornado Cash
Kronos Research was exploited for $25 million in November last year, and one of the six wallets linked to the hacker started moving funds to Tornado Cash on May 7. Go to Source
US senators, FBI aren’t opposed to crypto privacy: Railgun contributor
Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto. Go to Source
