Amidst growing concerns of illicit activities involving cryptocurrencies, reports have emerged linking North Korean hackers associated with the notorious Lazarus Group to an exploit of Ethereum (ETH) through the virtual…
Tornado Cash developer Alexey Pertsev has been accused of laundering $1.2 billion of illicit funds through the OFAC-sanctioned platform, as per the latest report. Since his arrest in August 2022,…
The Dutch authorities have indicted Tornado Cash founder Alexey Pertsev for allegedly laundering $1.2 billion in cryptocurrency. Did Pertsev Launder $1.2B? Dutch authorities have leveled serious accusations against Alexey Pertsev,…
In a trial set to commence on March 26 in the Dutch city of Hertogenbosch, Alexey Pertsev, the prominent developer behind Tornado Cash, finds himself at the center of a…
Infamous North Korean Hacking Group Lazarus has resumed using Tornado Cash, using the mixing service to launder $12 million worth of ETH. The use of Tornado Cash by the Lazarus…
In a recent development, North Korean hackers associated with the notorious Lazarus Group have exploited the coin-mixing service Tornado Cash to launder approximately $12 million worth of stolen Ethereum (ETH)…
The Arbitrum DAO has removed a proposal that sought to fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. According to the Arbitrum DAO, the proposal…
Following sanctions in August 2022 for laundering over $455 million in stolen crypto assets by the Lazarus Group, controversial coin mixer Tornado Cash faced a major setback. Despite OFAC’s delisting…
After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an…
A legal fund supporting the defense of Tornado Cash developers Roman Storm and Alexey Pertsev has amassed over $350,000 in contributions and gained public backing from Edward Snowden, the former…
