One of the founders of crypto mixer Tornado Cash has been released on bail after being charged with laundering $1 billion by the U.S. Department of Justice (DOJ). According to defense attorney Brian …
Crypto Mixers and Tumblers: All You Need to Know About Crypto in Stealth Mode
Cryptocurrency mixers, otherwise known as ‘tumblers,’ enable users to enhance the privacy of their digital asset transactions. Crypto mixers make it more difficult for third parties to trace a user’s …
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Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to last June's $100 million Harmony Horizon bridge hack. Around $1.4 million worth of crypto frozen by the trading …
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Raydium Exchange Exploiter Sends $2.7M to Tornado Cash
The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in Ethereum to now-sanctioned coin mixing protocol Tornado Cash. Transaction logs on Etherscan show that a …
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Report: Illicit cryptocurrency activity reached all-time high in 2022
Illicit cryptocurrency activity reached an all-time high of $20.1 billion in 2022, increasing from $18 billion the previous year in large part due to escalating U.S. sanctions targeting digital …
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Into the storm: The murky world of cryptocurrency mixers
Cryptocurrency mixing services are a divisive subject in the industry. Some advocate for the privacy-enabling features of these protocols while others maintain that they are mainly used for illicit …
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US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program
The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in …
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash. This information was first …
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What is the future for cryptocurrency mixers after U.S. sanctions on Tornado Cash?
Cryptocurrency mixers, a software that provides anonymity in crypto transactions, are at the forefront of the latest clash between regulators and the emerging world of digital assets, with legal …
Ethereum Coin Mixer Tornado Cash Is Back on GitHub
Ethereum coin mixer Tornado Cash is now back on software hosting website GitHub. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) last month blacklisted Tornado Cash, …
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