Tainted Tornado Cash ETH Sent to Shaquille O’Neal’s Wallet

An unknown Ethereum user is sending tiny batches of ETH to numerous doxxed cryptocurrency wallets that celebrities use. The ETH recently contacted Tornado Cash – the Ethereum mixer sanctioned by the US Treasury Department on Monday.  According to data from Etherscan, the wallet has sent portions of 0.1 ETH to Shaquille O’Neal and Jimmy Fallon addresses. Other figures include NFT artist Beeple, Coinbase CEO Brian Armstrong, and Ben Horowitz from a16z. The parties receiving the tiny ETH donations may be…

US Slaps Sanction on Crypto Mixer Tornado Cash

Tornado Cash is the latest crypto mixer to join the US Department of Treasury’s list of sanctioned organizations. The Department shared the news in a press release on Monday alongside other details of the sanction. In its release, the US Treasury highlighted Tornado Cash’s role in several stolen crypto launders as its primary reason for the sanction. Tornado Cash and Cybercrime Tornado Cash is the second service platform to have received a sanction from the Treasury’s Office of Foreign Assets…

What is Tornado Cash, and How Does It Work?

Decentralized and non-custodial, Tornado Cash is an Ethereum-based solution for privacy and anonymity. Severing the on-chain link between those who send and receive coins enhances transaction anonymity.  This guide will provide our readers with more insight into Tornado Cash. We will start with a general introduction and explore how Tornado Cash works. We will also add a list of pros and cons to this system for the reader's benefit. Understanding Tornado Cash Decentralized protocols such as Tornado Cash (TORN) use…

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