Tornado Cash | Crypto

The attacker moved $744,000 in ETH and BNB to Tornado Cash after exploiting Cysic’s bridge to mint 10 million tokens on BNB Smart Chain. The wallet linked to the Cysic bridge exploit sent about $744,000 in cryptocurrencies to Tornado Cash on Friday after the Cysic Foundation offered the attacker a 10% recovery bounty. The address transferred 300 Ether (ETH) and 30.4 BNB to the crypto mixer, according to blockchain security company PeckShield. The hacker exploited a bridge vulnerability to mint 10 million Cysic (CYS) tokens on BNB Smart Chain on Saturday. Cysic suspended the bridge and blacklisted the recipient address, freezing about 2.8 million of the newly minted tokens. The foundation said its mainnet and existing assets in user wallets were unaffected. Read more

Wallets linked to the $295 million April hack still held $138 million in Ether after sending another $46 million to the mixer Wednesday. A Drift exploiter-linked wallet transferred 18,800 Ether, worth about $46 million, to Tornado Cash on Wednesday. The exploiter transferred $61 million in Ether to the crypto mixer on Tuesday, taking its two-day total to 44,510 ETH, or $109 million, as blockchain data tracker Onchain Lens said on X. The transfers to Tornado Cash make the funds harder to trace and represent nearly 37% of the $295 million stolen from decentralized exchange (DEX) Drift in April. The attack ranks as this year’s third-largest crypto hack, according to DefiLlama.  Read more

The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation. A wallet linked to the Drift Protocol hack sent about $61 million in Ether (ETH) to Tornado Cash, a service that obscures transaction trails. The wallet deposited 25,700 ETH to the cryptocurrency mixer over two hours on Tuesday after two months of inactivity, blockchain analytics platform Lookonchain said in an X post. The exploiter’s addresses held about 81,454 Ether, worth roughly $194 million, according to Arkham. Crypto mixers pool funds from multiple addresses and obscure fund trails, making tracing harder. Read more

An October 5 venue filing invokes a Bitcoin Fog appeal, showing why narrower privacy policies have not ended the Tornado Cash case. The post DOJ presses Tornado Cash prosecution as Treasury drops mixer reporting plan appeared first on CryptoSlate.

Judge Katherine Polk Failla adjourned the retrial in light of Storm’s pending motion for acquittal and related request for a continuance. The retrial of Tornado Cash co-founder and developer Roman Storm has been postponed from Oct. 26, 2026, to April 26, 2027, as a federal judge weighs his motion for acquittal.  US District Judge Katherine Polk Failla said in a Tuesday order that the retrial would be adjourned “in light of” Storm’s pending motion and his related request for a continuance. Storm’s lawyers requested the delay on Aug. 3, saying they needed at least 90 days after the court rules on the acquittal motion to prepare for another trial. Prosecutors opposed an adjournment, according to the filing. Read more

The attacker moved 2,000 ETH through Tornado Cash and sold 1,422 ETH for $2.4M in DAI, with just 5 ETH left in their wallet.

Roman Storm, the co-founder of the crypto mixing service, still faces a possible retrial on two charges after a jury failed to reach a verdict in 2025. Jay Clayton, the US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission (SEC), has penned a response to Tornado Cash co-founder Roman Storm’s motion for acquittal, criticizing his alleged criminal behavior.   In a Tuesday filing in the US District Court for the Southern District of New York, Clayton said that Storm’s criminal use of Tornado Cash was “window dressing at best and outright misdirection at worst,” rejecting arguments that he be allowed to use a civil copyright case in his defense. The US Attorney’s filing followed a Thursday notice from Storm’s lawyers saying they intended to use a 2026 Supreme Court case, Cox Communications, Inc. v. Sony Music Entertainment, as part of an argument about the Tornado Cash co-founder’s intent to participate in the crimes of which he is accused: conspiracy ...

Washington sent two messages about crypto privacy in the same week. Treasury told Congress that lawful users of digital assets may leverage mixers to protect personal wealth, business payments, charitable donations, and consumer spending habits from public view on transparent blockchains. Days later, SDNY prosecutors filed a letter proposing to retry Tornado Cash co-founder Roman […] The post Prosecutors push to retry Tornado Cash founder even after Washington said crypto mixers have legal uses appeared first on CryptoSlate.

Roman Storm, a Tornado Cash co-founder and developer, has criticized proceedings against him as an attempt “to make writing code a crime.”

Wallets linked to the $200 million exploit of Mixin in 2023 woke after nearly two years and moved funds to coin mixer Tornado Cash.

Blockchain data showed that stolen Bitcoin was bridged to Ethereum, fragmented into multiple wallets and later routed into the crypto mixer. Roughly $63 million in Tornado Cash deposits has been linked to the $282 million cryptocurrency wallet compromise of Jan. 10. Blockchain security firm CertiK said in a Monday X post that its monitoring systems identified Tornado Cash interactions tied to the exploit.  The update expands on the post-theft money laundering mechanics of the Jan. 10 incident, which is being tracked by multiple crypto investigators due to the amount lost and the speed at which funds were moved. Read more

A sophisticated attacker laundered $19.4 million of stolen funds through Tornado Cash following a $27.3 million multi-signature wallet exploit, while concurrent attacks including pig-butchering scams and contract exploits pushed 24-hour losses above $36 million across multiple platforms. The post Hacker Drains $27M From Multi-Sig Wallet, Launders $19M via Tornado Cash appeared first on Cryptonews.

The intellectual property platform on Story Protocol lost about $3.9 million after a governance exploit, with stolen funds later routed through Tornado Cash.

On-chain investigators have connected North Korean hackers to a $21M loss at SBI Crypto, tracing flows through instant exchanges and Tornado Cash; the tactics have mirrored past DPRK operations, and SBI has not issued a public statement. The post North Korean Hackers Steal $21M From SBI Crypto, Laundered via Tornado Cash appeared first on Cryptonews.

Tornado Cash co-founder Roman Storm asks a US judge to dismiss his conviction, arguing that prosecutors failed to prove his intent to help bad actors. Roman Storm, co-founder of Tornado Cash, has asked a US federal judge to acquit him of his sole conviction for unlicensed money transmission and the jury’s hung counts for money laundering and sanctions violations, arguing prosecutors failed to prove he intended to help bad actors misuse the crypto mixer. According to legal documents filed on Sept. 30 to the US District Court for the Southern District of New York and reviewed by Cointelegraph, Storm’s defense argued prosecutors failed to prove he intended to help bad actors use Tornado Cash. This, according to the defense, would nullify the grounds for his conviction based on negligent inaction. “Storm and bad actors was a claim that he knew they were using Tornado Cash and failed to take sufficient measures to stop them. This is a negligence theory,” the motion states. Read more

The Solana Policy Institute (SPI) has pledged $500,000 to the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, according to an Aug. 28 statement. Storm and Pertsev helped create Tornado Cash, an Ethereum-based privacy protocol that allows crypto transactions to be mixed and anonymized. After deployment, the developers relinquished control of the […] The post Solana Policy Institute grants $500K to defend Tornado Cash developers appeared first on CryptoSlate.

Tornado Cash developer Roman Storm’s conviction misapplies money transmitter laws, crypto industry group says. The conviction of Tornado Cash co-founder and developer Roman Storm could set a “dangerous” precedent for developers and privacy, legal observers in the crypto space say. Storm was found guilty of operating an unlicensed money-transmitting business on Wednesday, Aug. 6. The crime carries a maximum sentence of five years. The jury could not reach a consensus on charges of conspiracy to commit money laundering and conspiracy to violate US sanctions. Federal prosecutors could still retry him on these two charges.  While Storm is yet to face sentencing, other crypto-related cases, including former FTX CEO Sam Bankman-Fried and OneCoin co-founder Karl Greenwood, were tried and found guilty in the same district and ended up serving prison time.  Read more

From teaching himself how to code to working odd jobs in the United States after emigrating, Roman Storm’s story is anything but typical. Roman Storm, the Tornado Cash co-founder and developer, found an interest in computer software at a young age after his parents bought him a personal computer. Now, at 36 years old, he holds a guilty verdict for operating an unlicensed money-transmitting business, issued by a jury on Wednesday. He remains in limbo as prosecutors could still retry him on two additional felony counts: conspiracy to commit money laundering and conspiracy to violate US sanctions. Storm has always been drawn to “the more technical side of things,” he said on a podcast in early July, just before his trial began in a New York district court. He spent time playing video games and teaching himself how computer programs and software worked. Read more

With a sentencing hearing scheduled in a matter of weeks, Roman Storm is potentially looking at five years in jail for running an unlicensed money transmitting service. A Manhattan jury found Tornado Cash co-founder and developer Roman Storm guilty of charges related to conspiracy to run an unlicensed money business. In a Wednesday decision in the US District Court for the Southern District of New York (SDNY), Storm was found guilty of one felony charge related to his role at Tornado Cash, according to court reports from Inner City Press. The jury convicted Roman on conspiracy to run an unlicensed money transmittal business, which carries a maximum sentence of up to five years in prison. No unanimity was reached on charges of conspiracy to commit money laundering nor on conspiracy to violate North Korea sanctions. Read more

The Roman Storm trial has hit a snag after four days of jury deliberations, with jurors informing the court that they remain deadlocked on certain charges, according to an Aug. 6 court reporting from Inner City Press. Judge Katherine Polk Failla revealed that the jury had submitted a note stating some members were firmly set […] The post Jurors deadlocked in Roman Storm trial over Tornado Cash allegations appeared first on CryptoSlate.