Evasion under Blockchain Sanctions

Sanctioning blockchain addresses has become a common regulatory response to malicious activities. However, enforcement on permissionless blockchains remains challenging due to complex transaction flows and sophisticated fund-obfuscation techniques. Using cryptocurrency mixing tool Tornado Cash as...

U.S. Treasury Lifts Tornado Cash Sanctions Amid North Korea Money Laundering Probe

The U.S. Treasury Department has announced that it's removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds. "Based on the Administration's review of the novel legal and poli...

Dutch Court Sentences Tornado Cash Co-Founder to 5 Years in Prison for Money Laundering

A Dutch court on Tuesday sentenced one of the co-founders of the now-sanctioned Tornado Cash cryptocurrency mixer service to 5 years and 4 months in prison. While the name of the defendant was redacted in the verdict, it's known that Alexey Pertsev, a 31-year-old Russian national, had been awaiti...

The $2.3 Billion Tornado Cash Case Is a Pivotal Moment for Crypto Privacy

Tuesday’s verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance...

This Tool Lets Hackers Dox Almost Anyone in the US

The US Secret Service’s relationship with the Oath Keepers gets revealed, Tornado Cash cofounders get indicted, and a UK court says a teen is behind a Lapsus$ hacking spree...

Tornado Cash Founders Charged in Billion-Dollar Crypto Laundering Scandal

The U.S. Justice Department DoJ on Wednesday unsealed an indictment against two founders of the now-sanctioned Tornado Cash cryptocurrency mixer service, charging them with laundering more than $1 billion in criminal proceeds. Both the individuals, Roman Storm and Roman Semenov, have been charged...

Accepted proposal may be recreated at the same address with a malicious proposal if there's a self destruct function in the accepted proposal

Lines of code Vulnerability details Impact A malicious proposal can take over the contract address of the accepted proposal through self-destruct Proof of Concept This issue is regarding the Tornado cash hack, whereby the attacker deploys different contracts at the same address. If the proposal...

Norway Seizes $5.84 Million in Cryptocurrency Stolen by Lazarus Hackers

Norwegian police agency Økokrim has announced the seizure of 60 million NOK about $5.84 million worth of cryptocurrency stolen by the Lazarus Group in March 2022 following the Axie Infinity Ronin Bridge hack. "This case shows that we also have a great capacity to follow the money on the blockchai...

Regulating DAOs

In August, the US Treasurys Office of Foreign Assets Control OFAC sanctioned the cryptocurrency platform Tornado Cash, a virtual currency "mixer" designed to make it harder to trace cryptocurrency transactions--and a worldwide favorite money-laundering platform. Americans are now forbidden from...

FBI Seizes Stolen Cryptocurrencies

The Wall Street Journal is reporting that the FBI has recovered over $30 million in cryptocurrency stolen by North Korean hackers earlier this year. Its only a fraction of the $540 million stolen, but its something. The Axie Infinity recovery represents a shift in law enforcements ability to trac...

Add to Blacklist function

Lines of code Vulnerability details L-2. Add to Blacklist function Description: Cryptocurrency mixing service, Tornado Cash, has been blacklisted in the OFAC. A lot of blockchain companies, token projects, NFT Projects have blacklisted all Ethereum addresses owned by Tornado Cash listed in the US...

APT Lazarus Targets Engineers with macOS Malware

North Korean APT Lazarus is up to its old tricks with a cyberespionage campaign targeting engineers with a fake job posting that attempt to spread macOS malware. The malicious Mac executable used in the campaign targets both Apple and Intel chip-based systems. The campaign, identified by...

Virtual Currency Platform ‘Tornado Cash’ Accused of Aiding APTs

The U.S. government has slapped sanctions on virtual currency mixer Tornado Cash for laundering more than $7 billion in crypto cash derived from cybercriminal activity. At least $455 million of that was moved for state-sponsored Lazarus Group in part to help fund North Korea’s missile program,...

US Blacklists Tornado Cash, GitHub Removes Co-Founder in Response

By Deeba Ahmed The US Treasury Department has blacklisted Tornado Cash on the accusation that the platform helped bad actors harvest… This is a post from HackRead.com Read the original post: US Blacklists Tornado Cash, GitHub Removes Co-Founder in Response...

U.S. Sanctions Virtual Currency Mixer Tornado Cash for Alleged Use in Laundering

The U.S. Treasury Department on Monday placed sanctions against crypto mixing service Tornado Cash, citing its use by the North Korea-backed Lazarus Group in the high-profile hacks of Ethereum bridges to launder and cash out the ill-gotten money. Tornado Cash, which allows users to move...