Tornado Cash co-founder Roman Storm has been found guilty on charges of operating an unlicensed money-transmitting business. The conviction carries a maximum potential sentence of five years in prison. Following the verdict, prosecutors requested the immediate revocation of Storm’s bail.… Read More »Tornado Cash Co-Founder Roman Storm Convicted on Money Transmission Charges
The criminal trial of Tornado Cash developer Roman Storm has intensified debate around cryptocurrency regulation and software development freedoms, with a $3.5 million legal defense fund now over halfway complete. Approximately 57% of the fundraising goal has been met through… Read More »Tornado Cash Developer’s $3.5M Defense Fund Reaches 57% Amid High-Stakes Crypto Trial
Two U.S. congressmen have initiated ‘Anti-Crypto Corruption Week,’ a campaign urging Democratic lawmakers to oppose the controversial GENERICS Unite Silver Intrepid Act (GENIUS) and other pending blockchain-related legislation. The effort spotlights intensifying regulatory friction surrounding cryptocurrency governance. The initiative explicitly… Read More »U.S. Lawmakers Launch ‘Anti-Crypto Corruption Week’ to Oppose GENIUS Crypto Bill
Senator Elizabeth Warren has issued warnings regarding two proposed cryptocurrency regulations, expressing concerns that these measures could undermine investor protections by enabling corporations to circumvent established Securities and Exchange Commission oversight. Specifically addressing the Digital Asset Market Clarity (CLARITY) Act,… Read More »Senator Warren Voices Strong Concerns Over Crypto Regulatory Bills