#tornado
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Hypervault vanishes as $3.6M funnels to Tornado Cash – PeckShield
Blockchain security firm PeckShield says roughly $3.6 million was drained from DeFi protocol Hypervault and routed through Tornado Cash after being bridged from Hyperliquid to Ethereum and swapped into ETH. Soon after the alert, Hypervault’s website and X account went dark, intensifying concerns of an exit scam. 
Roman Storm, co-founder of the controversial crypto mixer Tornado Cash, is pushing to have criminal charges against him dropped. This follows a landmark appellate court ruling that found the actions of the Office of Foreign Assets Control (OFAC) against the platform to be an overreach of authority. 
Do Contemporary Regulators Draw from Inquisition Practices?
The Mises Institute, a non-profit research and educational center at the Austrian School of Economics, recently published a study examining the court decision against the crypto mixer Tornado Cash, arguing that modern regulatory methods closely resemble those of the medieval inquisition. How appropriate is this comparison? 
Tornado Cash Attack: Governance Restoration Proposal Passed
Last week, the TORN token witnessed an impressive surge of nearly 10%. This unexpected rise follows a groundbreaking proposal from the attacker’s wallet address, which had previously compromised the DAO’s governance. The proposal aims to reverse the malicious actions and restore integrity to the system. 
In a creative twist to raise cryptocurrency awareness and honor Satoshi Nakamoto, the creator of Bitcoin, an eyewitness to a tornado leveraged their unique footage of the extreme weather event. The individual agreed to share their video with NBC News on the condition that the news outlet mentioned Satoshi Nakamoto in the related story.
The tornado eyewitness, a cryptocurrency enthusiast, recognized the opportunity to garner attention for the decentralized digital currency and its mysterious creator. By weaving Satoshi's name into a mainstream news story, the witness aimed to pique the interest of viewers unfamiliar with the world of cryptocurrencies and possibly contribute to mass adoption.
NBC News, eager to obtain the dramatic tornado footage, agreed to the unusual request, resulting in a surge of curiosity surrounding Satoshi Nakamoto and Bitcoin. Unconventional approaches can sometimes lead to a broader public understanding and engagement in the crypto world. 
Ameen Soleimani, one of the first contributors to the scandalous Tornado Cash crypto mixer, has announced the launch of a new mixing service called Primacy Pools, which is based on the TC code.
Now, every hacker and criminal will have a chance to demonstrate that they are not engaging in any malicious activity (but not for sure). What is clear is that honest users will be able to prove that they have not committed fraud and are therefore legitimately using the privacy-enhancing service.
Predictably, the new service uses zero-knowledge proof, which is the main trend of 2023. It is a protocol that confirms information without disclosing it.
Your move, SEC! What mixers still operate after the Tornado Cash shutdown?
Tornado Сash was the most popular crypto mixer. It processed the money of hundreds of thousands of users every month. After the sanctions were imposed on a protocol and the wallets associated with it, some users struggled to find a good alternative. 
Coinbase-Backed Lawsuit Fights Tornado Cash Sanctions
Coinbase has joined six plaintiffs in a legal challenge against the US government's sanctions on Tornado Cash, a privacy-focused cryptocurrency mixer. The parties argue that the sanctions imposed by the Office of Foreign Assets Control (OFAC) are a violation of their Constitutional rights and are seeking to reopen Tornado Cash for all US-based citizens. 
Russian dev Alexey Pertsev will stay in jail until his hearing scheduled for April 21. This is the third that his lawyers’ request for bail was dismissed. His first appeal was rejected in August, the second – in November.
The Dutch court clings to such a heavy-handed approach due to Pertsev's alleged ties with the FSB and the North Korean hackers Lazarus Group.
This crime is rated as more severe than just tax evasion. 
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