Tornado Cash

On September 24, 2025, SBI Group faced a major crypto hack resulting in the theft of approximately $21 million. Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash were among the stolen assets, with funds allegedly laundered through Tornado Cash. Blockchain experts suggest North Korean hackers could be behind the incident.

Recent weeks have seen significant developments in crypto regulation and security, including a major court ruling on Grayscale's Bitcoin ETF, SEC enforcement actions, criminal charges against Tornado Cash founders, and warnings about North Korean hacker threats. These events underline the evolving crypto landscape's challenges and the importance of safe investment practices. Learn how services like Bitlet.app can help you navigate crypto investing with secure and flexible payment options.

Dragonfly Capital faces scrutiny from the DOJ concerning its investment in Tornado Cash but promises a vigorous defense. This highlights the increasing regulatory challenges in the crypto investment landscape. Explore how platforms like Bitlet.app are innovating to provide secure and accessible crypto services amidst such challenges.

Dragonfly Capital is under the spotlight after the DOJ scrutinized its investment in Tornado Cash. The firm vows to mount a vigorous defense amidst regulatory challenges in the crypto space.

The U.S. Senate and House are moving forward with bills to regulate digital assets, specifying that major cryptocurrencies like Bitcoin and Ether are not securities, while introducing disclosure rules for issuers. Meanwhile, the Tornado Cash co-founder faces allegations of enabling money laundering.