Thursday, 24 August, 2023
Founders of Tornado Cash Crypto Mixer Charged by U.S. Federal Courts
The founders of Russian crypto mixer Tornado Cash have been charged by U.S. federal courts. Tornado Cash allowed users to enhance transaction privacy on the Ethereum blockchain. However, its anonymity features were used for illicit activities, prompting legal action. The charges underscore regulatory efforts to combat misuse of cryptocurrency platforms and highlight the growing importance of accountability in the crypto space. Stay updated on legal developments in the crypto industry.