Tornado Cash
After lengthy closing arguments on Wednesday, the case is now in the hands of 12 jurors
Closing arguments set to kick off Wednesday after Tuesday’s testimony from two expert witnesses and an a16z partner
While Roman Storm’s team is set to present its case, it’s not yet clear if the Tornado Cash founder will testify
The government says Storm was a money-hungry aid to criminals; the defense says it’s not his fault that people used his code for illicit activities.
This doesn’t change the fact that co-founder Roman Storm is facing a trial starting next week
OFAC sanctioned Tornado Cash in 2022, claiming the mixer had been used to launder more than $7 billion in crypto
Jerry Brito and Robin Weisman will step down from their positions at the end of the year following 10 years with Coin Center
Plus, the latest PCE data reinforces expectations of continued dovish Fed policy
The case against Tornado Cash founder Roman Storm for alleged money laundering and sanctions violations will continue, judge rules
New study from the New York Federal Reserve shows Tornado Cash is still a “viable” privacy tool despite government sanctions
The US government is looking to seriously inhibit people from using and accessing crypto mixing services
Alexey Pertsev’s verdict by a Dutch Court shouldn’t impact Roman Storm’s upcoming trial, CoinCenter’s Peter Van Valkenburgh says
Is it time to treat memecoin launches as the new standard moving forward?
Plus: The Tornado Cash case continues and Farcaster’s devs are now unicorns
It’s taken years for BlackRock to start working with Ethereum — and crypto ruined it within minutes
Illicit addresses sent $22.2 billion worth of cryptocurrency in 2023, a 29.5% decrease from 2022, according to the latest report from Chainalysis
Plaintiffs in two cases are bringing their battle against the US Treasury Department to federal appellate courts
Swan’s banking and custodial partners “will no longer service clients who directly interact with bitcoin mixing services” the company told users Friday
The proposed rule mandates that regulated financial entities flag transactions suspected of involving crypto mixing, especially those with international implications
The Tornado Cash story tells us that Web3 users want privacy and regulators want compliance — but there’s a way to have both
Cherry picking or smart legal analysis? Attorneys clash over how to interpret FinCEN guidance in light of Tornado Cash indictment
Should crypto developers be held liable if their tech is used for criminal behavior?