Vitalik Buterin Shows Support for Tornado Cash Developer With Additional 100 ETH Donation

October 7, 2024 Bitcoin.com

bitcoin.com

Ethereum co-founder Vitalik Buterin has demonstrated his continued support for Tornado Cash developer Roman Storm by donating an additional 100 ETH, valued at approximately $240,000, to Storm’s legal defense fund. This marks the third contribution from Buterin, bringing the total amount raised for the fund to over 327 ETH. The fund was established to assist […]

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Vitalik Buterin donates 100 ETH to Roman Storm defense fund

October 5, 2024 Coin Telegraph

Buterin

The United States Office of Foreign Assets Control sanctioned the Tornado Cash mixer in 2022 — accusing it of facilitating money laundering.

Ethereum (ETH) co-founder Vitalik Buterin recently donated another 100 Ether, valued at approximately $240,000, to Tornado Cash developer Roman Storm's legal defense fund — marking the third time the notable crypto builder has donated to the cause.

According to the Defend Roman Storm crowdsourcing page, 148 different payments have been received for the developer's defense fund — totaling over 327 ETH, valued at roughly $785,000, at the time of writing.

"I can't describe how much it means to me. Thank you for your long-lasting support," the Tornado Cash developer told Buterin following the contribution.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

US Judge Denies Tornado Cash Developer Roman Storm’s Motion To Dismiss, Trial Set for December: Report

September 29, 2024 The Daily Hodl

Daily Hodl

Judge Katherine Polk Failla of the Southern District of New York has reportedly denied the motion to dismiss the charges against Tornado Cash co-founder Roman Storm. Storm’s legal woes stem from allegations that Tornado Cash developers aided the North Korean hacking group Lazarus in laundering illegal funds through the crypto mixer. In a bid to […]

The post US Judge Denies Tornado Cash Developer Roman Storm’s Motion To Dismiss, Trial Set for December: Report appeared first on The Daily Hodl.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

NY Judge Denies Tornado Cash Developer’s Motion to Dismiss, Trial Set for December

September 27, 2024 Bitcoin.com

Alexey Pertsev

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 […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Tornado Cash’s Roman Storm case moves to trial as judge denies dismissal

September 26, 2024 Coin Telegraph

Coin Telegraph

Tornado Cash developer Roman Storm is eyeing a maximum of 45 years in prison if convicted of all charges, with a trial set for December.

Roman Storm, a developer and co-founder of Tornado Cash, will face criminal trial over his creation of the crypto-mixing platform after a judge denied his motion to dismiss a United States government case.

In a Sept. 26 telephone conference, New York district court judge Katherine Polk Failla denied Storm’s bid to toss three federal charges brought by the Justice Department, saying government prosecutors had lodged plausible allegations against him.

Storm and fellow co-founder Roman Semenov were charged last August with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money-transmitting business.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

September 4, 2024 Bitcoin.com

bitcoin.com

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites INR Withdrawals Amid Post-Hack Restructuring Efforts […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal

August 11, 2024 Coin Telegraph

Alexey Pertsev

Pertsev’s case is a pivotal moment for the crypto community and advocates of digital privacy.

The legal battle surrounding Tornado Cash developer Alexey Pertsev has reached a critical juncture as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code.

According to the support account for Pertsev and Roman Storm, Pertsev, who was arrested two years ago and is embroiled in a high-stakes legal dispute, is now facing an uphill battle against government forces equipped with vast resources dedicated to his prosecution.

The support account highlighted the dire financial situation, noting that Pertsev has exhausted his funds. “It’s time to take a stand with Alexey and fight for what’s right,” the account stated, emphasizing the urgent need for between $750,000 and $1 million to cover ongoing legal expenses.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Okx Says Accounts Interacting With Tornado Cash Will Be Closed

August 10, 2024 Bitcoin.com

bitcoin.com

According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’

August 9, 2024 Bitcoin.com

bitcoin.com

A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main mixers in the blockchain, was sanctioned by the OFAC. […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Tornado Cash developer Alexey Pertsev denied bail while awaiting appeal

July 14, 2024 Coin Telegraph

Coin Telegraph

Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.

Alexey Pertsev, the developer behind the OFAC-sanctioned crypto mixer Tornado Cash has been denied bail while his lawyers prepare to submit an appeal for charges of money laundering.

Pertsev’s defense lawyer, Keith Cheng, told DL News the rejection of Pertsev’s bail request came as a surprise, noting that an additional request for Pertsev to gain access to a computer to prepare for his appeal was also denied.

The court said Pertsev's continued detention would not obstruct his ability to prepare his defense, adding that Pertsev's request for computer access went against its safety protocol.

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