Solana Policy Institute Pledges $500K to Roman Storm’s Legal Defense as Tornado Cash Case Heats Up
The Solana Policy Institute has pledged $500,000 to defend Roman Storm, the developer behind Tornado Cash, as the crypto industry rallies around one of its most closely watched legal battles. The case has become a defining moment for blockchain developers, raising questions about whether writing code can be criminalized when others misuse it. Storm, who […]
Court Ends Coin Center–U.S. Treasury Appeal Over Tornado Cash
The legal battle between crypto advocacy group Coin Center and the U.S. Treasury Department over the sanctioning of Tornado Cash has officially come to an end. The Eleventh Circuit Court of Appeals issued a formal dismissal of the appeal this week, bringing a close to one of the most significant cases involving decentralized technology and […]
Tornado Cash Smart Contracts Not Property, US Court Lifts Ban
Tornado Cash smart contracts are ruled not property by a U.S. court, lifting sanctions enabling U.S. citizens to resume use. A U.S. appeals court has ruled that the Treasury Department’s Office of Foreign Assets Control (OFAC) overstepped its authority by sanctioning Tornado Cash’s immutable smart contracts. This landmark decision removes the smart contracts from the […]
Coin Center Lawyers Say Tornado Cash is Not Property
Coin Center is appealing a previous ruling by the United States district court for Northern Florida, which determined that Tornado Cash generates indirect advantages for foreign entities and individuals that qualify as a financial interest subject to sanctions from the Office of Foreign Assets Control (OFAC). Jeffrey S. Hetzel, the legal counsel for Coin Center, […]
WazirX Hacker Moves 10,000 ETH Amid Investigation
The WazirX hacker transferred 10,000 Ethereum (ETH), worth $23.3 million, reigniting concerns within the cryptocurrency community. WazirX Hacker transferred a significant amount of Ethereum, totaling 10,000 ETH, with a value of roughly $23.3 million, bringing the entity back to the forefront of public attention. Last but not least, this most recent operation took place over […]