Tag Archives: cybercrimes

Developer Arrested Following OFAC Sanctions of the Tornado Cash Protocol

Photo of Teresa Goody GuillénPhoto of Adam GalePhoto of Michelle TanneyPhoto of Veronica ReynoldsPhoto of Alex KarambelasBy Teresa Goody Guillén, Adam Gale, Michelle Tanney, Veronica Reynolds and Alex Karambelas on Posted in Blockchain
On Aug. 10, 2022, just days after OFAC issued sanctions against virtual currency mixer Tornado Cash, Dutch authorities arrested the protocol’s alleged developer. In a press release, the Treasury Department alleged that since 2019, Tornado Cash had been used to launder more than $7 billion in cryptocurrency, including more than $455 million stolen in the … Continue Reading

Blockchain Capital Markets Offerings and Executive Attitudes Evolve, Threats Continue

Photo of Robert A. MusialaBy Jaime B. Petenko, Brian P. Bartish, Simone O. Otenaike and Robert A. Musiala on Posted in Blockchain, Capital Markets Offerings, ICOs
In this issue: • New Blockchain Trading Platforms and Capital Markets Offerings Announced • Blockchain Executive Surveys Released, More Pilots and Investments Announced • Update: Cryptocurrency Cybercrimes and ICO Enforcement Actions • John McAfee’s ‘Unhackable’ Cryptocurrency Wallet Hacked New Blockchain Trading Platforms and Capital Markets Offerings Announced By: Jaime B. Petenko Recently, it was reported … Continue Reading
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