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Tornado Cash founder nears $2M legal fund goal ahead of trial

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Tornado Cash founder Roman Storm has already raised 88% of his $2 million legal defence fund before a US case against him goes to trial on July 14.  Storm’s most recent call for legal backing was launched on May 30. It raised $722,000 by June 25, and has since raised a total of $1,753,000, leaving it just $247,000 away from its $2 million goal.  The appeal raised almost 52% of the funds in the week following June 25. The Ethereum Foundation also promised to match $750,000 of the funding and appears to have contributed to the overall legal fund.   Read more: Cork hacker sends ETH to Tornado Cash, donates to Roman Storm’s fund Storm’s fundraising efforts haven’t been without hiccups, however, with one $24,000 donation coming from the Cork Protocol hacker. They donated the sum after moving $3.4 million of stolen funds into Storm’s mixer.  Storm quickly announced that he couldn’t accept the donation and that he’d return it to Cork Protocol. He also...

Ethereum: WazirX Exchange Hacker Moves $11 Million of ETH

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According to Cyvers Alerts, the hacker, or group of hackers, behind India’s WazirX cryptocurrency exchange exploit in July 2024 has moved 5K Ethereum (ETH) worth $11 million to a new address. The crypto Analysis firm also notes that the address has deposited $1.4 million to Tornado Cash, the popular crypto mixer. UPDATE @WazirXIndia hacker just transferred 5K $ETH (~$11.6M) to a new address: https://t.co/JyJoJDdkcK and already deposited $1.4M to @TornadoCash Want to keep your company off our alerts radar? Learn how to secure your assets: Book a Demo https://t.co/uUbFkFTp4h… https://t.co/QS8iffPwOj pic.twitter.com/qCBcDqFerk — Cyvers Alerts (@CyversAlerts) September 18, 2024 Also Read: How High Can Binance Coin Surge After CZ Is Released? Cyvers Alerts was also among the first to notice the suspicious transactions occurring on WazirX. What Happened To WazirX & How Much ETH Was Stolen? Source: WazirX Earlier this year, in July, Cyvers Alerts notified WazirX of suspicious t...