Tornado Cash | ForkLog

ForkLog 15 24.05.2024

Vitalik Buterin Criticizes Jail Term for Tornado Cash Developer

The imprisonment of Tornado Cash developer Alexey Pertsev is undoubtedly an “unfortunate” and “very sad” situation, yet it might prompt governments to reconsider the role of cryptocurrency mixers. This was stated by Ethereum co-founder Vitalik Buterin during the DappCon conference in Berlin. According to him, creating software is an “absolutely legal and legitimate way to […]

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ForkLog 6 16.05.2024

Tornado Cash Developer Appeals Conviction

Alexey Pertsev, the developer behind the cryptocurrency mixer Tornado Cash, has appealed his guilty verdict, according to CoinDesk.

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ForkLog 12 16.05.2024

North Korean Hackers Launder $147 Million Stolen from HTX via Tornado Cash

In March, North Korean hackers employed the cryptocurrency mixer Tornado Cash to launder $147.5 million stolen from the HTX exchange in 2023. This was reported by Reuters, citing UN sanctions monitors. The asset movements were tracked by analysts from PeckShield and Elliptic. In total, UN observers investigated 97 cyberattacks by North Korean hackers on cryptocurrency […]

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ForkLog 8 14.05.2024

Tornado Cash Developer Sentenced to 64 Months for Money Laundering

On May 14, a Dutch court found Alexey Pertsev, a developer of the cryptocurrency mixer Tornado Cash, guilty of money laundering, as reported by CoinDesk. According to the indictment presented in court, Pertsev was charged with conducting at least 36 illegal transactions amounting to $1.2 billion through the crypto mixer from July 9, 2019, to […]

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ForkLog 19 07.05.2024

Poloniex Hacker Moves Stolen Funds for the First Time

On May 7, the hacker responsible for last year’s breach of the cryptocurrency exchange Poloniex transferred 100 ETH (approximately $308,000) to the mixer Tornado Cash. This was noted by journalist Colin Wu. Today, Poloniex Hacker: 0x3E…fDFd transferred 100 ETH (about $308,000) to Tornado Cash. This is the first time that the Poloniex hacker has transferred […]

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ForkLog 31 29.04.2024

Lazarus Group Launders $200 Million from 25 Crypto Attacks, Report Reveals

On-chain researcher ZachXBT tracked the movement of $200 million stolen by the Lazarus Group hackers in 25 cyberattacks from August 2020 to October 2023. Lazarus Group hacks in 2020–2023. Data: TRM Labs. 2020: CoinBerry, Unibright, and CoinMetro Hacks In August, the perpetrators withdrew $370,000 from the hot Bitcoin and Ethereum wallets of the Canadian crypto […]

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ForkLog 13 29.04.2024

Legal Expert Criticises US Justice Department’s Statements in Tornado Cash Case

The US Department of Justice’s stance in the case against Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, is based on evident disregard for privacy and new technologies, as well as a misapplication of the law, according to Amanda Tuminelli, head of the legal department at DeFi Education Fund. The DOJ’s opposition to Roman […]

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ForkLog 14 22.04.2024

Crypto Game Winner Donates Prize to Tornado Cash Developers

An anonymous winner of the second season of the cryptocurrency survival game “Crypto: The Game,” known as Player 733, has donated their prize of 71.8 ETH (approximately $210,000 at the time of the transaction) to Tornado Cash developers Alexey Pertsev and Roman Storm. This was reported by Decrypt. The season, titled “Anon Island,” concluded on […]

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ForkLog 20 31.03.2024

Tornado Cash Co-Founder Seeks Dismissal of Charges

The legal team for Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has filed a motion to dismiss charges against him, which include conspiracy to launder money, operating without a license, and violating the IEEPA. The defense also invoked the First Amendment to the U.S. Constitution, arguing that writing code can be considered an […]

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ForkLog 10 28.03.2024

Dutch Prosecutors Seek 64-Month Sentence for Tornado Cash Developer

The Dutch prosecution has requested a 64-month prison sentence for Tornado Cash developer Alexey Pertsev, accused of laundering $1.2 billion. This was reported by CoinDesk. The final verdict is scheduled to be announced on May 14. Pertsev is charged with conducting at least 36 illegal transactions through the crypto mixer from July 9, 2019, to […]

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ForkLog 21 26.03.2024

US Accuses KuCoin of Laundering $9 Billion

The US federal prosecutor charged cryptocurrency exchange KuCoin and its two founders with laundering $9 billion. Authorities allege that platform founders Chun (Michael) Gan and Ke (Eric) Tang failed to implement KYC/AML procedures from 2017 to 2023, despite serving over 30 million clients. Subsequently, identification and verification did not apply to existing users. Thus, the […]

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ForkLog 6 22.03.2024

Heco Bridge Hackers Launder $145 Million Through Tornado Cash

Hackers who breached the cross-chain Heco Bridge in 2023 laundered approximately 40,392 ETH through the mixing service Tornado Cash. This was highlighted by experts at PeckShield. #PeckShieldAlert As of today (22 Mar. 2024, UTC), #HECOBridge exploiters — labeled addresses — have transferred ~$40,391.8 $ETH (equivalent to ~$145.7m) to #TornadoCash within the last 8 days pic.twitter.com/ZfrDvbRQCm […]

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