@UnleashProtocol suffered a $3.9 million loss due to a security breach, with funds routed through Tornado Cash. The platform has paused operations and advised users to refrain from interacting with its contracts. #Breaking #Crypto $ETH (-8) ↘
Prosecutors argue Tornado Cash developer Roman Storm should not be acquitted of charges, asserting sufficient evidence of his control over the service used by cybercriminals. Storm’s attorneys have until Wednesday to respond. #Update #Legal $TORN
@Voidify partners with @TornadoCash to enhance privacy on $SOL through Proposal 64. The new Ø token offers DAO benefits, solidifying Solana’s role in confidential financial solutions. #Update #Crypto $SOL
@USTreasury requests voluntary dismissal of Tornado Cash sanctions lawsuit; @Coinbase CLO Paul Grewal warns of potential re-imposition risks, citing legal precedent concerns. #Update #Legal $TORN (-3) ↘
Hodl.Press: Raman Storm, co-founder of @TornadoCash, appeals to the U.S. Supreme Court over procedural violations in his case, raising concerns about legal norms and crypto regulation. #Update #Legal (+3) →
Hodl.Press: Alexey Pertsev, co-founder of @TornadoCash, released under electronic monitoring after laundering $2.2B; appeal ongoing. U.S. scrutiny impacts crypto market. #Update #Legal (+6) ↗
A new court ruling has reversed the sanctions on crypto mixer @TornadoCash by the U.S. government, causing a significant price rally for $TORN, which surged from $8.08 to $25.28 before stabilizing at $19.57. #Breaking #Legal $TORN (+9) ↗
The U.S. Fifth Circuit Court of Appeals lifted sanctions on @TornadoCash, ruling that the Office of Foreign Assets Control (OFAC) overstepped its authority, causing $TORN to surge 250% as markets reacted positively to the decision. #Breaking #Legal $TORN (+9) ↗
Vitalik Buterin donates 50 ETH to support Roman Storm’s legal defense fund amid Tornado Cash trial • #Update • #Legal • $ETH • +5
$BTC recovers post-$600M liquidations; options suggest 50% chance for $100K in 2024; Brazil proposes $18B BTC reserve; Tornado Cash avoids U.S. sanctions; Bitwise files BTC & ETH ETP. #Update #Crypto @BitwiseInvest ↗ +6
WazirX hacker launders $10M via Tornado Cash. Cyvers reports 5,000 ETH moved to a new wallet, mirroring Lazarus Group tactics. WazirX allows 66% INR token withdrawals amid restructuring and user discontent.
