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Crypto EconomyProsecutors for the Southern District of New York rejected an attempt by Tornado Cash co-founder Roman Storm to dismiss charges, arguing that legal precedents involving intellectual property do not apply to serious financial crimes. The case centers on Storm’s alleged role in conspiracy to commit money laundering and operating an…
DecryptAttorneys for the U.S. Department of Justice on Tuesday urged a federal judge to reject arguments by Ethereum developer Roman Storm seeking dismissal of his criminal case, which could now return to court for a second time. Prosecutors urge judge to disregard Supreme Court ruling In a letter sent to…
Crypto BriefingUS Treasury Secretary Scott Bessent has reiterated the government’s commitment to adding Bitcoin obtained through criminal seizures and legal forfeiture to the national digital asset reserve. At a Davos news conference on Tuesday, Bessent told reporters that the sale of seized Bitcoin remains suspended. "If anything was seized, I believe…
Coinspeaker63M From $282M Crypto Wallet Hack Routed Through Tornado Cash. Key Notes. CertiK said at least 686 BTC was swapped cross chain into 19,600 ETH, while raising concerns of money laundering. This money is now moving into crypto mixer Tornado Cash, which will make further tracing of funds even more difficult. On January 10,…
Crypto EconomyCertiK detected new on-chain movements linked to a $282 million hack that occurred on January 10, which reportedly involved the compromise of a wallet. According to the security firm, around $63 million of the stolen funds have already started to move, marking the beginning of an active laundering phase through…
CoinpaperCertiK reported that at least 686 BTC was bridged to Ethereum, converted into about 19,600 ETH, split across multiple wallets, and then sent into the mixer. The theft was traced to a social engineering attack in which the attacker obtained a seed phrase, which allowed them to take control of…
The CryptonomistSummary. CertiK links mixer flows to $282 million wallet compromise. ----------------------------------------------------------. Blockchain security firm CertiK has traced $63 million in Tornado Cash flows to the January 10 crypto wallet breach that drained $282 million. The team identified new laundering activity and confirmed recent movements of funds tied to the original compromise. Moreover, the…
AMBCryptoEthereum will be doubling down on blockchain and DeFi ethos this year. In a statement, Ethereum co-founder Vitalik Buterin stated that the chain will regain “lost ground” across key areas, from privacy to user experience (UX). “2026 is the year that we take back lost ground in terms of self-sovereignty…