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Tornado Cash

Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.
Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
May 7, 2024 at 5:23 p.m. UTC
May 7, 2024
RegulationsMoney LaunderingMixersTornado CashSamourai WalletLegislationHouse Financial Services Committee
(Thomas Evans/Unsplash)
Consensus Magazine
Opinion
The U.S. Government’s Hypocritical Case Against Tornado Cash
You would think the government would be against an online privacy service facilitating money laundering. But it actually created one of the best, says attorney Alexandra Damsk...
(Thomas Evans/Unsplash)
By Alexandra Damsker
May 7, 2024 at 5:06 p.m. UTC
May 7, 2024
OpinionTornado Cash
Poloniex hacker sends ETH to Tornado Cash (Towfiqu Barbhuiya/Unsplash)
Finance
Poloniex
Poloniex Hacker Sends $3.3M Worth of Ether to Tornado Cash
The hacked funds had previously been dormant for 178 days.
Poloniex hacker sends ETH to Tornado Cash (Towfiqu Barbhuiya/Unsplash)
By Oliver Knight
May 7, 2024 at 5:51 a.m. UTC
May 7, 2024
PoloniexHackTornado Cash
Department of Justice (Shutterstock)
Policy
Newsletters
Distilling the Tornado Cash and Samourai Suits
It's about "code is speech," sure, but the DOJ asserts it's not just code.
Department of Justice (Shutterstock)
By Nikhilesh De
Apr 30, 2024 at 4:00 p.m. UTC
Apr 30, 2024
NewslettersState of CryptoRegulationsTornado CashSamourai WalletRoman stormU.S. Department of Justice
SDNY Courthouse 40 Centre Street
Policy
Regulations
DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing
The DOJ said Tornado Cash was a money transmitting business, among other details.
SDNY Courthouse 40 Centre Street
By Nikhilesh De
Apr 27, 2024 at 3:44 a.m. UTC
Apr 27, 2024
RegulationsRoman stormTornado CashU.S. Department of Justice
Profiting from a crypto mixer is likely illegal, experts say. (Wikimedia Commons)
Consensus Magazine
Opinion
Samourai Wallet Charges Raise Existential Questions for Privacy Tech
Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering related to the privacy-protecting wallet.
Profiting from a crypto mixer is likely illegal, experts say. (Wikimedia Commons)
By Daniel Kuhn
Apr 25, 2024 at 3:26 p.m. UTC
Apr 25, 2024
OpinionThe NodeNewslettersPrivacyMixersBitcoin FogTornado CashSamourai WalletMoney Transmitters
Degen Chain Racks up Millions in Volumes; Latest in Custodia Bank's Legal Battle Against the Fed
Video
Blockchain
Degen Chain Racks up Millions in Volumes; Latest in Custodia Bank's Legal Battle Against the Fed
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as meme coins flourish on Degen Chain, a new layer-3 blockchain b...
Degen Chain Racks up Millions in Volumes; Latest in Custodia Bank's Legal Battle Against the Fed
By CoinDesk Staff
Apr 1, 2024 at 5:40 p.m. UTC
Apr 1, 2024
BlockchaincdtvTornado CashCustodia bankBaseCd dailyDegen chain
SDNY Courthouse 40 Centre Street
Policy
Regulations
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations
Storm was arrested last year over his work with the mixer.
SDNY Courthouse 40 Centre Street
By Nikhilesh De
Mar 30, 2024 at 5:39 p.m. UTC
Mar 30, 2024
RegulationsTornado CashRoman stormDOJ
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Policy
Regulations
Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
The judge will deliver the verdict on May 14, the court said.
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
By Camomile Shumba
Mar 27, 2024 at 5:58 p.m. UTC
Mar 27, 2024
RegulationsCryptoTornado CashCourt CasesNetherlands
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Policy
Regulations
Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial
An indictment by Dutch prosecutors lists 40 suspicious transfers – the largest from the Axie Infinity Ronin exploit.
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
By Sandali Handagama
Mar 20, 2024 at 2:01 p.m. UTC
Mar 20, 2024
RegulationsAlexey PertsevNetherlandsTornado Cash