TORN Archives

A group of pro-crypto organizations has filed an amicus brief in support of a lawsuit challenging the sanctions imposed on the Tornado Cash.

Crypto Community Fights Back Against U.S. Sanctions on Tornado Cash

June 6, 2023 1 min read

A group of pro-crypto organizations has filed an amicus brief in support of a lawsuit challenging the legality of sanctions imposed on the decentralized finance (DeFi) protocol Tornado Cash. The amicus brief, filed by the Blockchain Association, the DeFi Education Fund, and Coin Center, argues that the sanctions imposed by the Treasury Department’s Office of Foreign Assets Control (OFAC) are unlawful. The OFAC imposed sanctions on Tornado Cash in February,

Tornado Cash's (TORN) token has risen by 10% after an attacker submitted a proposal to undo the attack

Tornado Cash Token Soars 10% After Attacker Proposes to Return Funds

May 22, 2023 1 min read

Tornado Cash’s (TORN) token has risen by 10% after an attacker submitted a proposal to undo the attack that drained $80 million worth of ETH from the protocol. The attack took place on May 17, when an attacker exploited a vulnerability in Tornado Cash’s smart contracts to drain 800,000 ETH from the protocol. The attacker then used the ETH to purchase TORN tokens, which caused the price of the token

the native token of the Tornado Cash privacy protocol dropped by over 50% after an attacker exploited a vulnerability

Tornado Cash Attack Drains $2 Million Worth of TORN Tokens, Price Dropped by Over 50%

May 21, 2023 1 min read

The price of TORN, the native token of the Tornado Cash privacy protocol, plummeted by more than 50% on May 20 after an attacker exploited a vulnerability in the protocol’s governance contract to drain over $2 million worth of TORN tokens. The attacker was able to exploit the vulnerability by submitting a malicious proposal to the Tornado Cash governance contract that allowed them to withdraw all of the TORN tokens