North Korea used Tornado Cash to siphon HTXs $147.5M loot: UN

A UN report reveals North Korean hackers laundered $150 million in stolen crypto assets through Tornado Cash in March 2024.

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Developing Financial Privacy Tools Was Today Criminalized by the Dutch Court

A breakdown of today's ruling in the Alexey Pertsev, Tornado Cash developer, case in the Netherlands and the implications this will have for open source developers going forward.

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Crypto community outraged as court jails Tornado Cash developer for over five years

A Dutch court has sentenced Alexey Pertsev, a developer involved with Tornado Cash, to 64 months in prison. He was convicted of laundering $1.2 billion in crypto through the Tornado Cash mixer between July 9, 2019, and August 10, 2022. Pertsev’s legal team has a 14-day window to appeal the court’s decision. This verdict follows […]

The post Crypto community outraged as court jails Tornado Cash developer for over five years appeared first on CryptoSlate.

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Tornado Cash developer guilty of money laundering

Pertsev has been under arrest in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.

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TORN Price Remains Bullish Despite Continued Tornado Cash Developer Detention

TORN price maintained its bullish rating on Thursday even after news broke out that the developer of Tornado Cash blockchain who was arrested in August [...]

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Toranado Cash Dev Alexey Pertsev May Have Ties to Russian FSB

Alexey Pertsev, a developer arrested for his work on Tornado Cash, may have past ties to the Russian Federation’s central intelligence apparatus. Pertsev Worked for Russian Security Firm Alexey Pertsev...

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Tornado Cash Dev Alexey Pertsev May Have Ties to Russian FSB

Alexey Pertsev, a developer arrested for his work on Tornado Cash, may have past ties to the Russian Federation’s central intelligence apparatus. Pertsev Worked for Russian Security Firm Alexey Pertsev...

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Tornado Cash Dev to Spend Another 90 Days in Jail, Judge Rules

Dutch law enforcement arrested Pertsev in Amsterdam on August 10. Judge Denies Bail for Tornado Cash’s Pertsev Alexey Pertsev, the developer who was arrested for publishing open-source code for the...

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U.S. Congressman Requests an Explanation on Tornado Cash Sanctions

The groundbreaking case of sanctioning a technology left many with more questions than answers.

Continue reading U.S. Congressman Requests an Explanation on Tornado Cash Sanctions at DailyCoin.com.

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Alexey Pertsev to Be Released from Prison Today With an Electronic Monitor

With Pertsev now under electronic monitoring, his appeal could set a precedent for how courts treat privacy-focused crypto developers.

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Dutch Court suspends the pretrial detention of Tornado Cash dev Alexey Pertsev

Alexey Pertsev has been freed under electronic watch Pertsev was sentenced to five years and four months in prison for money laundering The developer has been in jail since 2022 Tornado Cash developer Alexey Pertsev has been released from custody following a ruling that favored electronic surveillance over continued pretrial detention. Pertsev, who was released […]

The post Dutch Court suspends the pretrial detention of Tornado Cash dev Alexey Pertsev appeared first on CoinJournal.

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Court prolongs Tornado Cash developer Pertsevs pre-trial detention

The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols.

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Coinbase supports new court action to remove Tornado Cash ban

The United States Treasury faces a renewed legal challenge that aims to overturn the decision to sanction the crypto mixer Tornado Cash from six individuals backed by cryptocurrency exchange Coinbase. A motion for a partial summary judgment was filed on April 5 in a Texas District Court, the Coinbase-backed plaintiffs moved for the U.S. Office [...]

The post Coinbase supports new court action to remove Tornado Cash ban appeared first on Crypto Breaking News.

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Crypto Mixers Under Fire: Pertsev Freed from Dutch Detention

Blockchain developer Alex Pertsev resurfaces on Twitter after being arrested over allegations of laundering nearly a billion dollars in crypto.

Continue reading at DailyCoin.

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