Tornado Cash

Roman Storm, co-founder of cryptocurrency mixer Tornado Cash, has significantly advanced his case by filing a motion to dismiss all three charges against him. He faces charges of operating a money laundering business and violating the International Emergency Economic Powers Act. On March 29th, Storm’s lawyers argued against allegations that he conspired to launder funds […]

Backing for six individuals suing the U.S. Tre­asury’s Office of Foreign Assets Control (OFAC) was incre­ased by the Blockchain Association. This is due to the­ restrictions placed on the crypto mixe­r, Tornado Cash. A crypto support organization stated that OFAC should stick to its le­gal powers. They should punish wrongdoers, not fre­ely accessible software­ resources. […]

A mysterious actor operating under the alias “MEV Bot: 0x21…480C” wreaked havoc on the BNB Smart Chain, executing one of its most audacious financial exploits. This audacious attack occurred on October 11 when the enigmatic hacker masterminded a precisely timed flash loan assault on the Pancakeswap BH/USDT trading pair, raking in a staggering $1.575 million. […]