Alexey Pertsev, one of the main developers of the Tornado Cash cryptocurrency tumbler has been sentenced to 64 months in prison for his part in helping launder more than $2 billion worth of cryptocurrency.
Malicious JavaScript code hidden in a Tornado Cash governance proposal has been leaking deposit notes and data to a private server for almost two months.
The U.S. Justice Department charged two Tornado Cash founders with helping criminals, including the notorious North Korean Lazarus hacking group, launder over $1 billion worth of stolen cryptocurrency through their decentralized crypto mixing service.
North Korean hackers have found a way around U.S.-imposed sanctions to launder the cryptocurrency proceeds from their heists, according to evidence discovered by blockchain analysts.
Coinbase announced on Tuesday that it is funding a lawsuit brought by six people in the U.S. against the Department of Treasury's for the sanctions on the Tornado Cash open-source cryptocurrency mixer platform.