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Tornado Cash
US Treasury Sued for Sanctioning Crypto Mixer Tornado Cash
Six crypto users, including Coinbase employees, are suing the U.S. Treasury Department for blacklisting Tornado Cash last month, claiming the department’s sanctions watchdog overstepped its authority in prohibiting all American persons from interacting with the privacy tool. “The Hash” hosts discuss the potential outcomes.
US Government Recovers $30M From Crypto Game Axie Infinity Hack
Hackers stole over $600 million from Axie earlier this year.
Crypto Engineers, Investors Sue US Treasury Over Tornado Cash Sanctions
The Treasury’s sanctions watchdog, OFAC, exceeded its authority in blacklisting smart contract wallets, six plaintiffs allege in a new suit.
Laura Shin on Ethereum Merge's Legal Considerations
Laura Shin, "The Cryptopians" author and "Unchained" podcast host, discusses her take on the upcoming Ethereum Merge and its potential regulatory impact, citing the fallout from sanctioned crypto mixer Tornado Cash. Plus, insights into a recent interview with former BitMex co-founder Arthur Hayes.
Can Privacy-Focused Bitcoin Projects Avoid OFAC Sanctions?
Bitcoin that’s been sent through privacy-preserving mixers could be vulnerable to censorship. But there are some workarounds in progress.
In Defense of Crime
Crime can be an important signal that something in society needs reforming, writes David Z Morris. Financial surveillance that attempts to completely prevent crime could just make things worse in the long run. This piece is part of CoinDesk's Sin Week.
Bitcoin Under $21K After Powell's Hawkish Remarks; Analysts Trim Price Targets for Argo Blockchain
Bitcoin (BTC) dropped following Fed Chair Jerome Powell's hawkish speech at the annual Jackson Hole Economic Symposium. H.C. Wainwright and Jefferies analysts slashed their price targets for Argo Blockchain after disappointing guidance from the bitcoin miner's quarterly results. The wife of Alexey Pertsev, the web developer arrested in Amsterdam over alleged ties to sanctioned crypto mixer Tornado Cash, dismissed speculation her husband had links to the Russian secret service.
Alleged Tornado Cash Developer Has No Ties to Russia Secret Service, Wife Says
The wife of Alexey Pertsev, the web developer arrested in Amsterdam over suspected ties to the Tornado Cash crypto mixing protocol, dismissed speculation that her husband had links to the Russian secret service. CoinDesk Regulatory Reporter Jack Schickler breaks down the latest developments.
Wife of Arrested Tornado Cash Developer Denies Russia Secret Service Links
Financial-crime analysts at Kharon have connected Alexey Pertsev, who is currently in a Dutch prison awaiting trial on suspicion of facilitating money laundering via crypto protocols, to Russian espionage.
