Court prolongs Tornado Cash developer Pertsev’s pre-trial detention
The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols. Go to Source
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The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols. Go to Source
Roman Storm, a software developer of Tornado Cash, is headed to trial after a New York judge ruled against his motion to dismiss criminal charges. District Judge Katherine Polk Failla rejected Storm’s request to drop charges tied to money laundering and sanctions violations. Russian co-defendant Roman Semenov remains elusive and on the run, evading capture … Read more
The case of Alexey Pertsev is more than just a legal battle; it is a pivotal moment for the crypto community and advocates of digital privacy. Go to Source
The fund had raised about 591 ETH at the time of this publication and will support the legal defense of Tornado Cash developers in their court battle to prove their innocence. Go to Source
A UN report reveals North Korean hackers laundered $150 million in stolen crypto assets through Tornado Cash in March 2024. Go to Source
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons Tornado Cash Developer for $2.2 Billion Money Laundering via Crypto Mixing … Read more
Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Tornado Cash. Go to Source
The motion is part of a broader effort to restore internet privacy rights for U.S. citizens. Go to Source Powered by WPeMatico
Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds. Go to Source Powered by WPeMatico
Kevin O’Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another. Go to Source Powered by WPeMatico