The United States Department of the Treasury said “interacting” with cryptocurrency mixer Tornado Cash’s open-source code, with certain provisions, would not be in violation of sanctions imposed by the Office of Foreign Assets…
Kraken CEO Jesse Powell denounced the U.S. government’s ban on crypto transaction privacy tool Tornado Cash as “unconstitutional.” Speaking to Bloomberg on Tuesday, he said that “people have a right to financial privacy,”…
United States-based crypto policy advocacy group Coin Center said it intended to “pursue administrative relief” for individuals affected by Tornado Cash sanctions imposed by the Treasury Department’s Office of Foreign Asset Control, or…
Clamping down on crypto applications that “mess with the primal forces of regulation” is necessary, says Shark Tank host and millionaire venture capitalist Kevin O’Leary, who argued that Tornado Cash and similar services…
In the week following the sanctioning of the Tornado Cash website by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the price of the token underpinning the system is down 56%,…
Crypto mixer Tornado Cash is once again mentioned among money laundering allegations. The Fiscal Information and Investigation Service (FIOD), responsible for investigating financial crimes in the Netherlands, has arrested a 29-year-old developer suspected…
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This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Dylan LeClair and Sam Rule to talk about the recent Tornado…
Barely a day after the U.S. Treasury Department blacklisted Tornado Cash, Ethereum’s cofounder identified himself as someone who used the service to make donations to Ukraine. “I’ll out myself as someone who has…