Tornado Cash

The Tornado Cash token TORN rose after a proposal submitted by a wallet address linked to a recent attack on the decentralized autonomous organization’s DAO governance state looks to reverse the malicious changes The Hash panel discusses the outlook for the governance of Tornado Cash's DAO in the latest De Fi exploit making waves in [...]

By CoinDesk Staff

May 22, 2023 at 5:16 p.m. UTC

May 22, 2023

DeFicdtvHash clipDAOTornado CashTorn

A illustrative example of a Tornado. (NOAA)

Markets

Tornado cash

Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack

The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.

By Sam Reynolds

May 22, 2023 at 3:34 a.m. UTC

May 22, 2023

Tornado CashTokensExploit

Technology

Privacy

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun DAO.

By Bradley Keoun

May 8, 2023 at 1:58 p.m. UTC

May 8, 2023

PrivacyEthereumDigital Currency GroupPolygonBinance Smart ChainArbitrumTornado CashAnti-Money LaunderingSanctions

Tornado Cash Developer Alexey Pertsev Can Await Trial From Home, Dutch Court Rules

Video

Cdtv

Tornado Cash Developer Alexey Pertsev Can Await Trial From Home, Dutch Court Rules

Alexey Pertsev, a Russian developer who worked on code for the Tornado Cash privacy protocol, can await trial from home, a court in the Netherlands has ruled. Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol. “The Hash” panel discusses the latest developments.

By CoinDesk Staff

Apr 20, 2023 at 5:45 p.m. UTC

Apr 20, 2023

cdtvHash clipTornado CashAlexey Pertsev

Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev was tried (Jack Schickler/CoinDesk)

Policy

Regulations

Tornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules

Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol.

By Jack Schickler

Apr 20, 2023 at 11:09 a.m. UTC

Apr 20, 2023

RegulationsAlexey PertsevMoney LaunderingTornado CashNetherlands

Consensus Magazine

Opinion

How OFAC’s Tornado Cash Sanctions Violate U.S. Citizens’ Constitutional Rights

In filing a “friend of the court” brief, the Blockchain Association argues that financial privacy is fundamental – even in the digital realm.

By Marisa T. Coppel

Apr 18, 2023 at 3:06 p.m. UTC

Apr 18, 2023

OpinionTornado CashOFACOffice of Foreign Assets ControlBlockchain Association

Technology

Tornado cash

Tornado Cash Fork, Privacy Pools, Deployed on Optimism Testnet

Privacy Pools uses zero-knowledge proofs to prove that funds in anonymous transactions are not linked to criminal activity, such as North Korea’s $625 million hack on Axie Infinity.

By Sage D. Young

Mar 6, 2023 at 10:27 p.m. UTC

Mar 6, 2023

Tornado CashPrivacyopen-sourceOFACZero-Knowledge Proofs

Dutch Prosecutors Now Have Access to Tornado Cash Developer's Computer

Video

Cdtv

Dutch Prosecutors Now Have Access to Tornado Cash Developer's Computer

Dutch prosecutors investigating Tornado Cash developer Alexey Pertsev have recently gained access to his laptop and are now using the data to probe key features of the case including whether he personally profited from the privacy service Pertsev is awaiting trial on money laundering charges for contributing to Tornado Cash which the U S Office [...]

By CoinDesk Inc

Feb 16, 2023 at 5:45 p.m. UTC

Feb 16, 2023

cdtvNorth KoreaHash clipTornado CashAlexey PertsevDutch

Policy

Regulations

Tornado Cash Dev’s Criminal Case in Europe May Hinge on Laptop Access

Dutch prosecutors now have access to Alexey Pertsev’s computer and are using it to probe key details including governance and profit-making at the privacy service.

By Jack Schickler

Feb 16, 2023 at 1:01 p.m. UTC

Feb 16, 2023

RegulationsAlexey PertsevTornado CashMoney LaunderingNetherlandsSanctions