tornado cash

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FT crypto watch Oct 12

12 Oct 2022 4 minute read 9 comments Dave Sawyer

Crypto followers, we love you.  In this time of hardships caused fiat mismanagement, we treasure your views about giving money back to the people, and away from control by the state.  Thanks to the sturdy platform of the Publish0x for granting us th...

Coinbase to Bankroll Six Investors Claims Against the SEC for Tornado Cash Sanctions

20 Sep 2022 8 minute read 2 comments kev_nag

Looking at the instances happening around the crypto space are enough to create skepticism regarding the intentions of the government. Why’s that? Well, the list is long, some are worth mentioning though. Take the Tornado Cash sanction for instance....

Sanctions on Tornado Cash, Who's Next?

28 Aug 2022 1 minute read 2 comments idiosyncratic

Tornado Cash, the protocol that enables crypto people to initiate private transactions, was banned by US Treasury. The reason why it happened is "to reduce illicit money laundering by bad actors" as CNBC News mentioned. Welcome to the first sanction...

Dutch Government Arrests Tornado Developer

26 Aug 2022 4 minute read 3 comments MintDice.com

On Friday, August 12th, the Dutch government apprehended and arrested one of the developers of the Tornado app, which was sanctioned by the US government just days before. But why did they arrest him? And what does this mean for the future of crypto...

Coin Center Expected to Challenge Tornado Cash Sanctions Imposed by U.S. Treasury

17 Aug 2022 5 minute read 2 comments kev_nag

“Cryptocurrency policy advocacy group Coin Center, from United States, expressed its intentions to pursue administrative relief for individuals affected by cryptocurrency mixer Tornado Cash sanctions, which have been initiated by the Treasury Departm...

The United States actually managed to out-fascist the rest of the world in the crypto crackdown

14 Aug 2022 2 minute read 0 comments Kovichni

Uncle Sammy you went full fascist man, never go full fascist. So here we are again. After the MetaMask shock, OpenSea disgrace we now have the TornadoCash attack. I take it you all know about the recent outrage and how "decentralized" resources bloc...

Coinbase Downgraded: Receives BB Rating from S&P Global

13 Aug 2022 3 minute read 6 comments Allen Taylor

Bitcoin is the new meme machine. S&P Global downgrades Coinbase to BB rating. The crypto exchange is looking more like a meme stock. The biggest fool on the planet says earnings weren’t as bad as they seem. The key point is that Coinbase revenues are...

In the Tornado Cash Wake - DAO Goes Dark Without Explanation

13 Aug 2022 4 minute read 0 comments kev_nag

The Tornado Cash DAO community has voted in favor of adding the DAO’s governance as a signatory to the treasury’s multi-signatory (multisig) wallet. The treasury looks after about $21.6 million across three different wallets. This vote began on Wedn...

Tornado Cash is Sanctioned by the US Government

12 Aug 2022 4 minute read 16 comments MintDice.com

In August 2022, Tornado Cash joined the US sanctions list governed by the OFAC that states that no US citizen or resident is allowed to do business with said company. But what is Tornado Cash? And why does the US government hate it so much? We will...

Follow-up: Now Circle moves to Freeze All Blacklisted Tornado Cash Smart Contract Addresses

9 Aug 2022 3 minute read 2 comments kev_nag

Merely nine hours ago or so, I published an article [Nagoda, K. U.S. Treasury OFAC Bars Residents From Using Tornado Cash and Added 44 Addresses to the Specially Designated Nationals List. (Accessed August 9, 2022)]. On reading the ‘Crypto News’ this...