Alexey Pertsev, Tornado Cash developer, found guilty of laundering $1.2B in the Netherlands. Despite Tornado Cash being non-custodial, Pertsev sentenced to over 5 years in prison. Verdict sparks debate on accountability of open-source developers in crypto space. Alexey Pertsev, the founder of the cryptocurrency mixing protocol Tornado Cash, has been convicted of money laundering by […]
The Oost-Brabant district court in the Netherlands has sentenced Alexey Pertsev, co-developer of Tornado Cash, to 64 months in prison for his involvement in creating and maintaining the crypto mixing tool. The court alleges that Tornado Cash enables “criminal activity and terrorism.” Pertsev, along with two other individuals, developed Tornado Cash, a tool for concealing […]
Alexey Pertsev, the developer behind crypto mixer Tornado Cash, has been found guilty of money laundering by a Dutch court in ‘s-Hertogenbosch. Pertsev, was first imprisoned in the Netherlands, where he had been residing, in August 2022 on charges of money laundering worth of $1.2bn in cryptocurrency. He was released in April 2023 and remained under house arrest pending his trial in March this year — the verdict of which was announced today. Pertsev’s arrest in the Netherlands came...
Reports unveiled that part of the stolen funds from crypto exchange Poloniex have been moved for the first time. After six months, one of the identified accounts where the exploit proceedings were sent in November 2023 transferred $3.5 million to a crypto mixer. Related Reading: Dark Bling: Heir To Jewelry Giant Cartier Indicted In Cocaine […]
A tornado touched down in Maury County in eastern Columbia off Bear Creek
The National Weather Service has confirmed a tornado touched down near
Although the number of days that there is a tornado in the U.S. is decreasing overall, the average annual number of tornadoes has remained roughly the same.
A powerful storm system influences a large area of the southern, central,
WrestleMania 41 in Las Vegas will bring in cash and non-cash incentives for WWE. On the TKO Q1 earnings call, TKO CFO Andrew Schleimer talked about WWE's decision to bring WrestleMania 41 to Las Vegas. Schleimer revealed that the company will get a payment, as well as other cash and non-cash incentives for bringing 'The Show Of Shows' to the Sin City. "As we have stressed, site fees are a key area of focus for us. This event includes a meaningful payment, as well as other cash and non-cash...
Tornado season is here again, with twisters striking in Indiana, Pennsylvania, and Florida over the past few weeks. But while severe storms in spring are nothing new, there have been subtle changes in tornado patterns in recent years that portend a more dangerous future for communities across the country. According to a preliminary count from the National Centers for Environmental Information, there have been 547 tornadoes documented from January through April 2024. That figure is higher than...
Tuesday marked the 6th emergency issued in the U.S. this year.
The National Weather Service has issued a Tornado Watch that includes Findlay and Hancock County. The Tornado Watch goes until 11 p.m. Tuesday. Forecasters say storms that develop Tuesday night could include damaging wind gusts, large hail, heavy rainfall, and some tornadoes. You can get the latest forecast and weather alerts by clicking here. A tornado