/
Navigation
Chronicles
Browse all articles
Explore
Semantic exploration
Research
Entity momentum
Nexus
Correlations & relationships
Story Arc
Topic evolution
Drift Map
Semantic trajectory animation
Posts
Analysis & commentary
Pulse API
Tech news intelligence API
Browse
Entities
Companies, people, products, technologies
Domains
Browse by publication source
Handles
Browse by social media handle
Detection
Concept Search
Semantic similarity search
High Impact Stories
Top coverage by position
Sentiment Analysis
Positive/negative coverage
Anomaly Detection
Unusual coverage patterns
Analysis
Rivalry Report
Compare two entities head-to-head
Semantic Pivots
Narrative discontinuities
Crisis Response
Event recovery patterns
Connected
Search: /
Command: ⌘K
Embeddings: large
TEXXR

Chronicles

The story behind the story

days · browse · Enter similar · o open

The US DOJ charges Tornado Cash co-founders Roman Storm, of Washington, and Roman Semenov, a Russian national, with money laundering and sanctions violations

Katherine Ross / Blockworks :

Blockworks Katherine Ross

Discussion

  • @thejusticedept Justice Department on x
    Tornado Cash Founders Charged with Money Laundering and Sanctions Violations Roman Storm and Roman Semenov Charged with Operating the Tornado Cash Service, Laundering More Than $1 Billion in Criminal Proceeds https://www.justice.gov/...
  • @fbi @fbi on x
    Tornado Cash Founders Charged with Money Laundering and Sanctions Violations. Learn more: https://www.fbi.gov/... [image]
  • @twobitidiot @twobitidiot on x
    The USG failed to prevent or directly caused: 9/11 Mass suffering in Iraq Mass suffering in Libya Mass suffering in Yemen Mass suffering in Aghanistan Mass suffering in Syria The Rise of ISIS The Ukraine War They caught: One developer that helped you send digital cash safely.
  • @udiwertheimer Udi Wertheimer on x
    The (semi) popular bitcoin privacy solutions are just as vulnerable as Tornado Cash, if not worse: 1. Require centralized server to run 2. Servers charge a fee 3. Servers can choose to blacklist participants 4. Founders are doxxed Bitcoin needs better privacy solutions.
  • @coinbureau @coinbureau on x
    Privacy is a fundamental human right. The same goes for financial privacy. If all the Tornado Cash devs did was write code, their arrest is an infringement on those rights.
  • @evan_van_ness @evan_van_ness on x
    It sure sounds like the Tornado Cash devs got indicted on...basically nothing Pure hearsay That's really the best they have after years? [image]
  • @valkenburgh Peter Van Valkenburgh on x
    Here are our initial thoughts on today's Tornado Cash indictment. The factual allegations of unlicensed money transmission are in conflict with FinCEN's longstanding guidance that an “anonymizing software provider is not a money transmitter.” https://www.coincenter.org/...
  • @scott_lew_is @scott_lew_is on x
    free the tornado cash devs. overreach of federal authority. cryptography is not a crime.
  • @jp_koning John Paul Koning on x
    @naomibrockwell Reading through the indictment, the DoJ alleges that they still had control of the Tornado Cash UI. [image]
  • @jp_koning John Paul Koning on x
    It was always indisputable that there was someone in the Tornado Cash stack engaged in money laundering. The question was who. Well, we now know who the guilty party is: https://www.justice.gov/...
  • @aaschapiro Avi Asher-Schapiro on x
    Has anyone reported which “California-based VC firm” gave the Tornado Cash guys $900,000? [image]
  • @neerajka Neeraj K Agrawal on x
    New Tornado Cash indictments seem to run counter to FinCEN guidance Coin Center's initial thoughts on a case that could potentially criminalize the publication of software code https://www.coincenter.org/...
  • @naomibrockwell Naomi Brockwell on x
    Tornado Cash Devs created a decentralized technology for financial privacy. Now they're being held liable for events that took place years after they'd destroyed their admin keys. We must push back against the attack on privacy. Financial privacy is vital for a free society.
  • @chrisblec Chris Blec on x
    The Tornado Cash indictment is so full of misleading nonsense that it's a bit shocking. Of course Semenov would say the below. Because he didn't have the ability to change the smart contract logic. They present it here as if he's somehow lying and trying to evade the law. [image]
  • @zachherbert @zachherbert on x
    The government just ruined two lives - and I can't figure out what law was broken. Money transmission? Tornado Cash is noncustodial. Profiting because bad people used Tornado Cash? Companies profit from bad people using their services every single day. Extremely dystopian.
  • @matthew_d_green Matthew Green on x
    The Tornado cash founders have been charged with money laundering for operating a privacy-preserving mixer. https://www.justice.gov/...
  • @bitfinexed @bitfinexed on x
    Binance and Tether are up next. Both are laundering money for terrorist organizations. Knowingly.
  • @wagieeacc Martin Shkreli on x
    i see the crypto thugz team will be expanding welcome, i will be your orientation guide
  • @pt Parker on x
    Huge if true. «The judge overseeing the case ruled that Tornado Cash can be sanctioned as an entity - despite its decentralized nature - and as such fell under the jurisdiction of OFAC. Specifically, the judge said, “The entity is composed of its founders, its developers, and its…
  • r/CryptoCurrency r on reddit
    New Tornado Cash indictments seem to run counter to FinCEN guidance - Our initial thoughts on a case that could potentially criminalize the publication of software code