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Crypto Advocates Urge President Trump to Halt Prosecution of Tornado Cash Developer.
The DeFi Education Fund (DEF), a leading crypto advocacy group, has formally urged President Donald Trump to intervene in the legal case against Tornado Cash co-founder Roman Storm. In a letter sent on April 28 to the President's crypto advisor, David Sacks, DEF called for an end to what it describes as a “lawless campaign” against open-source software developers initiated under the previous administration.
Roman Storm is currently facing charges from the U.S. Department of Justice, including conspiracy to commit money laundering and operating an unlicensed money transmitter. The DOJ alleges that Tornado Cash—a decentralized crypto mixing protocol—was used to launder over $1 billion, including funds tied to North Korean hackers. His trial is scheduled for July 2025.
DEF argues that prosecuting developers for building open-source, self-custodial technology threatens the future of innovation in the U.S. crypto space. The group points to FinCEN guidance from Trump’s first term, which stated that developers of peer-to-peer protocols are not money transmitters under U.S. law.
The letter has gained support from major crypto industry leaders, including Coinbase, Paradigm, and several Ethereum developers, who see this case as a dangerous precedent that could stifle open-source contributions.
As the regulatory landscape continues to evolve, the outcome of this case could significantly impact the future of Web3 development and how U.S. law treats decentralized technologies.
Thanks for reading and please research on CheckDot $CDT .
#TRUMP #TornadoCash
The DeFi Education Fund (DEF), a leading crypto advocacy group, has formally urged President Donald Trump to intervene in the legal case against Tornado Cash co-founder Roman Storm. In a letter sent on April 28 to the President's crypto advisor, David Sacks, DEF called for an end to what it describes as a “lawless campaign” against open-source software developers initiated under the previous administration.
Roman Storm is currently facing charges from the U.S. Department of Justice, including conspiracy to commit money laundering and operating an unlicensed money transmitter. The DOJ alleges that Tornado Cash—a decentralized crypto mixing protocol—was used to launder over $1 billion, including funds tied to North Korean hackers. His trial is scheduled for July 2025.
DEF argues that prosecuting developers for building open-source, self-custodial technology threatens the future of innovation in the U.S. crypto space. The group points to FinCEN guidance from Trump’s first term, which stated that developers of peer-to-peer protocols are not money transmitters under U.S. law.
The letter has gained support from major crypto industry leaders, including Coinbase, Paradigm, and several Ethereum developers, who see this case as a dangerous precedent that could stifle open-source contributions.
As the regulatory landscape continues to evolve, the outcome of this case could significantly impact the future of Web3 development and how U.S. law treats decentralized technologies.
Thanks for reading and please research on CheckDot $CDT .
#TRUMP #TornadoCash
🚨 A major victory for the crypto industry
🏛 A U.S. court has vacated OFAC’s sanctions against Tornado Cash, blocking any reinstatement efforts.
📢 Coinbase CLO Paul Grewal applauded the ruling, highlighting its importance for the rule of law and responsible innovation.
⚖️ This decision also underscores critical missteps by the Treasury Department in its handling of the case.
#Coinbase #TornadoCash #Crypto #Blockchain #Regulation
🏛 A U.S. court has vacated OFAC’s sanctions against Tornado Cash, blocking any reinstatement efforts.
📢 Coinbase CLO Paul Grewal applauded the ruling, highlighting its importance for the rule of law and responsible innovation.
⚖️ This decision also underscores critical missteps by the Treasury Department in its handling of the case.
#Coinbase #TornadoCash #Crypto #Blockchain #Regulation
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Lãnh Đạo Crypto Thúc Giục Nhà Trắng Bỏ Vụ Án Tornado Cash: Số Phận Roman Storm Sẽ Ra Sao?
Các lãnh đạo ngành tiền điện tử đã gửi thư yêu cầu Nhà Trắng bỏ vụ án hình sự chống lại Roman Storm – đồng sáng lập Tornado Cash, người bị cáo buộc rửa tiền. Liệu áp lực từ cộng đồng crypto có thể thay đổi cục diện? Hãy cùng phân tích chi tiết.
Áp Lực Từ Cộng Đồng Crypto: Bỏ Án Đối Với Roman Storm
Vào thứ Hai (21/04/2025), Quỹ Giáo dục DeFi, cùng các quỹ đầu tư mạo hiểm như Paradigm, Multicoin Capital và 6th Man Ventures, đã gửi thư tới David Sacks – cố vấn crypto và AI của Nhà Trắng – yêu cầu Bộ Tư pháp Mỹ (DOJ) rút lại cáo buộc “vô luật” chống lại Roman Storm, đồng sáng lập Tornado Cash. Storm bị truy tố tại Tòa án Quận Nam New York với các tội danh rửa tiền, vi phạm lệnh trừng phạt Mỹ và vận hành dịch vụ chuyển tiền không phép. Phiên tòa dự kiến diễn ra vào tháng 7 tại Manhattan.
Tornado Cash là giao thức bảo mật trên blockchain Ethereum, cho phép ẩn danh giao dịch – một tính năng thu hút người dùng quan tâm đến quyền riêng tư, nhưng cũng bị tội phạm lợi dụng để rửa tiền từ các vụ hack và lừa đảo. Công tố viên cáo buộc Storm rửa 1 tỷ USD tiền bất hợp pháp, nhưng Storm và những người ủng hộ khẳng định anh không kiểm soát cách người khác sử dụng giao thức, ví vụ truy tố này như việc kiện nhà sản xuất súng vì các vụ nổ súng.
Thay Đổi Quan Điểm Từ DOJ: Cơ Hội Cho Storm?
Đầu tháng 4, #DOJ công bố bản ghi nhớ ngày 08/04, cho biết sẽ không truy cứu các dịch vụ trộn coin (mixer) như Tornado Cash vì hành vi của người dùng cuối hoặc vi phạm quy định vô ý. Bản ghi nhớ này dường như mang lại hy vọng cho Storm, vì nó phản ánh hướng dẫn từ Bộ Tài chính rằng các giao thức ngang hàng (peer-to-peer) không phải là dịch vụ chuyển tiền. Quỹ Giáo dục DeFi lập luận rằng DOJ nên rút cáo buộc, vì việc coi Tornado Cash là dịch vụ chuyển tiền đi ngược lại hướng dẫn này.
Tuy nhiên, DOJ vẫn khẳng định sẽ truy tố các chủ doanh nghiệp biết mình đang xử lý “tiền bẩn.” Công tố viên cho rằng Storm có ý thức về điều này, khiến vụ án trở nên phức tạp. Thư từ cộng đồng crypto nhấn mạnh: “Môi trường pháp lý này không chỉ làm chậm đổi mới, mà còn đóng băng nó, trao quyền cho các hành động thực thi có động cơ chính trị và đe dọa mọi nhà phát triển mã nguồn mở.”
Tác Động Đến Thị Trường Crypto
Vụ án của Storm đang gây chú ý lớn trong ngành crypto:
Tăng nhận thức về quyền riêng tư: #TornadoCash là biểu tượng cho quyền riêng tư trên blockchain, và vụ án này có thể định hình cách các giao thức bảo mật được quy định tại Mỹ.
Ảnh hưởng đến đổi mới: Nếu Storm bị kết án, các nhà phát triển có thể e ngại xây dựng các giao thức tương tự, làm chậm tiến trình đổi mới trong không gian DeFi và blockchain.
Hỗ trợ hệ sinh thái: Sự ủng hộ từ các quỹ lớn như Paradigm cho thấy cộng đồng crypto đang đoàn kết, tương tự các động thái từ Stripe (thanh toán stablecoin) và Cardone Capital (mua 350 BTC), tạo động lực cho sự phát triển của ngành.
Triển Vọng Tương Lai
Vụ án của Storm có thể đặt tiền lệ quan trọng cho ngành crypto tại Mỹ, đặc biệt khi chính quyền Trump đang có các chính sách thân thiện hơn (Fed rút quy định hạn chế crypto, SEC mở “hộp cát” với El Salvador). Nếu DOJ rút cáo buộc, điều này sẽ là chiến thắng lớn cho quyền riêng tư và đổi mới blockchain, giúp các nhà phát triển tự tin hơn trong việc xây dựng các giao thức phi tập trung.
Kết Luận: Tornado Cash Sẽ Được Minh Oan?
Áp lực từ cộng đồng crypto, với sự dẫn dắt của Quỹ Giáo dục DeFi, đang thúc đẩy Nhà Trắng xem xét lại vụ án của Roman Storm – người bị cáo buộc rửa tiền qua Tornado Cash. Dù DOJ đã thay đổi quan điểm, số phận của Storm vẫn chưa rõ ràng. Vụ án này không chỉ ảnh hưởng đến quyền riêng tư trên blockchain mà còn có thể định hình tương lai đổi mới crypto tại Mỹ. Nhà đầu tư và nhà phát triển nên theo dõi sát sao diễn biến để đánh giá tác động.
Cảnh báo rủi ro: Đầu tư crypto mang rủi ro cao do biến động giá và bất ổn pháp lý. Hãy cân nhắc kỹ trước khi tham gia.
#anhbacong
Áp Lực Từ Cộng Đồng Crypto: Bỏ Án Đối Với Roman Storm
Vào thứ Hai (21/04/2025), Quỹ Giáo dục DeFi, cùng các quỹ đầu tư mạo hiểm như Paradigm, Multicoin Capital và 6th Man Ventures, đã gửi thư tới David Sacks – cố vấn crypto và AI của Nhà Trắng – yêu cầu Bộ Tư pháp Mỹ (DOJ) rút lại cáo buộc “vô luật” chống lại Roman Storm, đồng sáng lập Tornado Cash. Storm bị truy tố tại Tòa án Quận Nam New York với các tội danh rửa tiền, vi phạm lệnh trừng phạt Mỹ và vận hành dịch vụ chuyển tiền không phép. Phiên tòa dự kiến diễn ra vào tháng 7 tại Manhattan.
Tornado Cash là giao thức bảo mật trên blockchain Ethereum, cho phép ẩn danh giao dịch – một tính năng thu hút người dùng quan tâm đến quyền riêng tư, nhưng cũng bị tội phạm lợi dụng để rửa tiền từ các vụ hack và lừa đảo. Công tố viên cáo buộc Storm rửa 1 tỷ USD tiền bất hợp pháp, nhưng Storm và những người ủng hộ khẳng định anh không kiểm soát cách người khác sử dụng giao thức, ví vụ truy tố này như việc kiện nhà sản xuất súng vì các vụ nổ súng.
Thay Đổi Quan Điểm Từ DOJ: Cơ Hội Cho Storm?
Đầu tháng 4, #DOJ công bố bản ghi nhớ ngày 08/04, cho biết sẽ không truy cứu các dịch vụ trộn coin (mixer) như Tornado Cash vì hành vi của người dùng cuối hoặc vi phạm quy định vô ý. Bản ghi nhớ này dường như mang lại hy vọng cho Storm, vì nó phản ánh hướng dẫn từ Bộ Tài chính rằng các giao thức ngang hàng (peer-to-peer) không phải là dịch vụ chuyển tiền. Quỹ Giáo dục DeFi lập luận rằng DOJ nên rút cáo buộc, vì việc coi Tornado Cash là dịch vụ chuyển tiền đi ngược lại hướng dẫn này.
Tuy nhiên, DOJ vẫn khẳng định sẽ truy tố các chủ doanh nghiệp biết mình đang xử lý “tiền bẩn.” Công tố viên cho rằng Storm có ý thức về điều này, khiến vụ án trở nên phức tạp. Thư từ cộng đồng crypto nhấn mạnh: “Môi trường pháp lý này không chỉ làm chậm đổi mới, mà còn đóng băng nó, trao quyền cho các hành động thực thi có động cơ chính trị và đe dọa mọi nhà phát triển mã nguồn mở.”
Tác Động Đến Thị Trường Crypto
Vụ án của Storm đang gây chú ý lớn trong ngành crypto:
Tăng nhận thức về quyền riêng tư: #TornadoCash là biểu tượng cho quyền riêng tư trên blockchain, và vụ án này có thể định hình cách các giao thức bảo mật được quy định tại Mỹ.
Ảnh hưởng đến đổi mới: Nếu Storm bị kết án, các nhà phát triển có thể e ngại xây dựng các giao thức tương tự, làm chậm tiến trình đổi mới trong không gian DeFi và blockchain.
Hỗ trợ hệ sinh thái: Sự ủng hộ từ các quỹ lớn như Paradigm cho thấy cộng đồng crypto đang đoàn kết, tương tự các động thái từ Stripe (thanh toán stablecoin) và Cardone Capital (mua 350 BTC), tạo động lực cho sự phát triển của ngành.
Triển Vọng Tương Lai
Vụ án của Storm có thể đặt tiền lệ quan trọng cho ngành crypto tại Mỹ, đặc biệt khi chính quyền Trump đang có các chính sách thân thiện hơn (Fed rút quy định hạn chế crypto, SEC mở “hộp cát” với El Salvador). Nếu DOJ rút cáo buộc, điều này sẽ là chiến thắng lớn cho quyền riêng tư và đổi mới blockchain, giúp các nhà phát triển tự tin hơn trong việc xây dựng các giao thức phi tập trung.
Kết Luận: Tornado Cash Sẽ Được Minh Oan?
Áp lực từ cộng đồng crypto, với sự dẫn dắt của Quỹ Giáo dục DeFi, đang thúc đẩy Nhà Trắng xem xét lại vụ án của Roman Storm – người bị cáo buộc rửa tiền qua Tornado Cash. Dù DOJ đã thay đổi quan điểm, số phận của Storm vẫn chưa rõ ràng. Vụ án này không chỉ ảnh hưởng đến quyền riêng tư trên blockchain mà còn có thể định hình tương lai đổi mới crypto tại Mỹ. Nhà đầu tư và nhà phát triển nên theo dõi sát sao diễn biến để đánh giá tác động.
Cảnh báo rủi ro: Đầu tư crypto mang rủi ro cao do biến động giá và bất ổn pháp lý. Hãy cân nhắc kỹ trước khi tham gia.
#anhbacong
🚨TRUFLATION HACKER MOVES ~4.5 WBTC FOR 230 ETH
🔹Truflation, a blockchain inflation data platform, was hit by $5.2M malware attack last year
🔹Hacker laundered funds via Tornado Cash
🔹4.5 WBTC moved for 230 ETH
#Truflation #Hack #ETH #MalwareAttack #TornadoCash $ETH
$BTC
🔹Truflation, a blockchain inflation data platform, was hit by $5.2M malware attack last year
🔹Hacker laundered funds via Tornado Cash
🔹4.5 WBTC moved for 230 ETH
#Truflation #Hack #ETH #MalwareAttack #TornadoCash $ETH
$BTC
U.S. Treasury Argues No Need for Final Court Judgment in Tornado Cash Case
🔥🎁 $BTC 🔥🎁🔥🎁 $ETH 🔥🎁🔥🎁 $XRP 🔥🎁
The U.S. Treasury argues there's no need for a final court judgment in the Tornado Cash case, indicating a potential resolution in the ongoing legal proceedings.
💬 Each viewer is important to us! We value your comments and will reply to every one of them, so drop your thoughts below! 💬
🙏 Please like and follow—it means the world to me!
#TornadoCash #UStreasury #CryptoRegulation #defi
🔥🎁 $BTC 🔥🎁🔥🎁 $ETH 🔥🎁🔥🎁 $XRP 🔥🎁
The U.S. Treasury argues there's no need for a final court judgment in the Tornado Cash case, indicating a potential resolution in the ongoing legal proceedings.
💬 Each viewer is important to us! We value your comments and will reply to every one of them, so drop your thoughts below! 💬
🙏 Please like and follow—it means the world to me!
#TornadoCash #UStreasury #CryptoRegulation #defi
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Tornado Cash developer Alexey Pertsev released from prison
The cryptocurrency community and privacy advocates around the world are closely watching Alexey Pertsev's legal battle and the Tornado Cash lawsuit.
Tornado Cash developer Alexey Pertsev was released from prison on February 7 and will continue to be under house arrest while preparing his legal appeal.
On February 6, a Dutch court suspended the pre-trial detention order against Pertsev, which began in August 2022 and was extended by a previous court ruling in November 2024.
As part of the pre-trial release, Pertsev must be electronically monitored. "It's not real freedom, but it's still better than prison," the developer wrote in a social media post on February 6.
Pertsev's case has raised alarm bells in the privacy advocacy community, which condemns this legal action as setting a dangerous precedent for privacy-protecting technologies and immutable code developers.
Pertsev was convicted of money laundering; Tornado Cash struggles with U.S. sanctions.
The 's-Hertogenbosch Court of Appeal convicted Pertsev of money laundering in May 2024 and sentenced the software developer to five years and four months in prison.
Dutch court officials found Pertsev guilty despite Tornado Cash developers not controlling the funds passing through the protocol or the protocol itself.
#AlexeyPertsev #TornadoCash
The cryptocurrency community and privacy advocates around the world are closely watching Alexey Pertsev's legal battle and the Tornado Cash lawsuit.
Tornado Cash developer Alexey Pertsev was released from prison on February 7 and will continue to be under house arrest while preparing his legal appeal.
On February 6, a Dutch court suspended the pre-trial detention order against Pertsev, which began in August 2022 and was extended by a previous court ruling in November 2024.
As part of the pre-trial release, Pertsev must be electronically monitored. "It's not real freedom, but it's still better than prison," the developer wrote in a social media post on February 6.
Pertsev's case has raised alarm bells in the privacy advocacy community, which condemns this legal action as setting a dangerous precedent for privacy-protecting technologies and immutable code developers.
Pertsev was convicted of money laundering; Tornado Cash struggles with U.S. sanctions.
The 's-Hertogenbosch Court of Appeal convicted Pertsev of money laundering in May 2024 and sentenced the software developer to five years and four months in prison.
Dutch court officials found Pertsev guilty despite Tornado Cash developers not controlling the funds passing through the protocol or the protocol itself.
#AlexeyPertsev #TornadoCash
Lifting Tornado Cash Sanctions: A Victory for Privacy in Cryptocurrency?
Yesterday, the U.S. District Court for the Western District of Texas lifted sanctions against Tornado Cash, a protocol for mixing cryptocurrencies that were imposed by the Treasury Department's Office of Foreign Assets Control (OFAC). This decision has become an important event for the crypto industry and raises many questions about the future of privacy technologies.
The history of sanctions
In August 2022, Tornado Cash was included in the OFAC sanctions list due to allegations of facilitating illegal transactions worth more than $455 million related to the North Korean Lazarus Group. These actions caused a wide response: developers, including Alexey Pertsev, were arrested, and the crypto community began to talk about where the line between innovation and compliance with the law lies.
Why is the decision important?
The court ruled that OFAC's actions may have exceeded their authority. The plaintiffs, consisting of Tornado Cash users, argued that immutable smart contracts are not "proprietary" in accordance with the law, and their blocking is contrary to the law.
In addition, they emphasized that blockchain is transparent by nature, and tools such as Tornado Cash perform legitimate functions to protect user privacy.
The Future of Privacy in Cryptocurrencies
This victory raises the question of how to regulate privacy-preserving technologies. Some, like Matthew Niemerg of Aleph Zero, believe that innovation and privacy must go hand in hand with meeting legal requirements. However, there are still many unresolved issues: for example, the responsibility of developers for using their technologies.
Alexey Pertsev is still in custody, despite the fact that Tornado Cash is a decentralized protocol that he did not directly manage. This case raises the question of how much personal responsibility can be applied to the creators of such technologies.
What does this mean for the cryptocurrency industry?
The court ruling could set a precedent that points the way to a more balanced regulation where innovation is protected and abuse is prevented. But while the industry is waiting for further development of the Pertsev case and clarification of legislation, the question remains open.:
How do you think it is possible to achieve a balance between privacy protection and security in the crypto industry?
#TornadoCash #cryptocurrency #crypto
The history of sanctions
In August 2022, Tornado Cash was included in the OFAC sanctions list due to allegations of facilitating illegal transactions worth more than $455 million related to the North Korean Lazarus Group. These actions caused a wide response: developers, including Alexey Pertsev, were arrested, and the crypto community began to talk about where the line between innovation and compliance with the law lies.
Why is the decision important?
The court ruled that OFAC's actions may have exceeded their authority. The plaintiffs, consisting of Tornado Cash users, argued that immutable smart contracts are not "proprietary" in accordance with the law, and their blocking is contrary to the law.
In addition, they emphasized that blockchain is transparent by nature, and tools such as Tornado Cash perform legitimate functions to protect user privacy.
The Future of Privacy in Cryptocurrencies
This victory raises the question of how to regulate privacy-preserving technologies. Some, like Matthew Niemerg of Aleph Zero, believe that innovation and privacy must go hand in hand with meeting legal requirements. However, there are still many unresolved issues: for example, the responsibility of developers for using their technologies.
Alexey Pertsev is still in custody, despite the fact that Tornado Cash is a decentralized protocol that he did not directly manage. This case raises the question of how much personal responsibility can be applied to the creators of such technologies.
What does this mean for the cryptocurrency industry?
The court ruling could set a precedent that points the way to a more balanced regulation where innovation is protected and abuse is prevented. But while the industry is waiting for further development of the Pertsev case and clarification of legislation, the question remains open.:
How do you think it is possible to achieve a balance between privacy protection and security in the crypto industry?
#TornadoCash #cryptocurrency #crypto
Morning News Update #Web3
🪙 Vitalik Buterin donates 50 $ETH to Defend Roman Storm’s legal fund via Juice Box, supporting the Tornado Cash developer’s defense.
📊 Crypto VC funding hit $13.6B in 2024, accounting for 4.9% of total $279B investments, with projections reaching $18B in 2025 due to lower interest rates and clearer regulations.
💵 Solana stablecoins grew by $1B in December, bringing TVL to $5B, driven by $USDC at $4B and $USDT at $1B.
📈 Dollar rose 8% in 2024, marking its best year since 2015, driven by strong US economic performance and Trump’s tax and tariff policies.
⛏ Bitcoin miners earned $1.41B in December, the highest since April, with $1.37B from block rewards and $38.9M from fees.
#TornadoCash #Solana #Stablecoins
🪙 Vitalik Buterin donates 50 $ETH to Defend Roman Storm’s legal fund via Juice Box, supporting the Tornado Cash developer’s defense.
📊 Crypto VC funding hit $13.6B in 2024, accounting for 4.9% of total $279B investments, with projections reaching $18B in 2025 due to lower interest rates and clearer regulations.
💵 Solana stablecoins grew by $1B in December, bringing TVL to $5B, driven by $USDC at $4B and $USDT at $1B.
📈 Dollar rose 8% in 2024, marking its best year since 2015, driven by strong US economic performance and Trump’s tax and tariff policies.
⛏ Bitcoin miners earned $1.41B in December, the highest since April, with $1.37B from block rewards and $38.9M from fees.
#TornadoCash #Solana #Stablecoins
🚨 $ETH Ethereum Co-Founder Vitalik Buterin Ka Tornado Cash Developer Ke Release Par Comment! 🚨
Foresight News ke according, Ethereum ke co-founder Vitalik Buterin ne Tornado Cash developer Alexey Pertsev ke tweet ko share kiya aur comment kiya "Milady." 😮🔥
Pertsev ne apne tweet mein announce kiya ki 7th February, 10 AM par unko Dutch court ne electronic monitoring ke saath release kar diya hai. 🕰️💻
Unhone kaha ki yeh complete freedom nahi hai, lekin jail mein na hone ki wajah se unhone relief feel kiya. 😅
Pertsev ne yeh bhi kaha ki yeh development unko appeal continue karne ka moka deta hai aur woh justice ke liye fight karte rahenge. 💪⚖️
Unhone apne supporters ka shukriya bhi ada kiya, jo unki release mein madadgar sabit huye! 🙏💖
#ETH #VitalikButerin 🔥 #TornadoCash 🚨 #CryptoJustice ⚖️ #FreedomFighter 🕊️
Foresight News ke according, Ethereum ke co-founder Vitalik Buterin ne Tornado Cash developer Alexey Pertsev ke tweet ko share kiya aur comment kiya "Milady." 😮🔥
Pertsev ne apne tweet mein announce kiya ki 7th February, 10 AM par unko Dutch court ne electronic monitoring ke saath release kar diya hai. 🕰️💻
Unhone kaha ki yeh complete freedom nahi hai, lekin jail mein na hone ki wajah se unhone relief feel kiya. 😅
Pertsev ne yeh bhi kaha ki yeh development unko appeal continue karne ka moka deta hai aur woh justice ke liye fight karte rahenge. 💪⚖️
Unhone apne supporters ka shukriya bhi ada kiya, jo unki release mein madadgar sabit huye! 🙏💖
#ETH #VitalikButerin 🔥 #TornadoCash 🚨 #CryptoJustice ⚖️ #FreedomFighter 🕊️
🚨 Ethereum Co-Founder Vitalik Buterin Ka Tornado Cash Developer Ke Release Par Comment! 🚨
Foresight News ke according, Ethereum ke co-founder Vitalik Buterin ne Tornado Cash developer Alexey Pertsev ke tweet ko share kiya aur comment kiya "Milady." 😮🔥
Pertsev ne apne tweet mein announce kiya ki 7th February, 10 AM par unko Dutch court ne electronic monitoring ke saath release kar diya hai. 🕰️💻
Unhone kaha ki yeh complete freedom nahi hai, lekin jail mein na hone ki wajah se unhone relief feel kiya. 😅
Pertsev ne yeh bhi kaha ki yeh development unko appeal continue karne ka moka deta hai aur woh justice ke liye fight karte rahenge. 💪⚖️
Unhone apne supporters ka shukriya bhi ada kiya, jo unki release mein madadgar sabit huye! 🙏💖
#ETH #VitalikButerin 🔥 #TornadoCash 🚨 #CryptoJustice ⚖️ #FreedomFighter 🕊️
Foresight News ke according, Ethereum ke co-founder Vitalik Buterin ne Tornado Cash developer Alexey Pertsev ke tweet ko share kiya aur comment kiya "Milady." 😮🔥
Pertsev ne apne tweet mein announce kiya ki 7th February, 10 AM par unko Dutch court ne electronic monitoring ke saath release kar diya hai. 🕰️💻
Unhone kaha ki yeh complete freedom nahi hai, lekin jail mein na hone ki wajah se unhone relief feel kiya. 😅
Pertsev ne yeh bhi kaha ki yeh development unko appeal continue karne ka moka deta hai aur woh justice ke liye fight karte rahenge. 💪⚖️
Unhone apne supporters ka shukriya bhi ada kiya, jo unki release mein madadgar sabit huye! 🙏💖
#ETH #VitalikButerin 🔥 #TornadoCash 🚨 #CryptoJustice ⚖️ #FreedomFighter 🕊️
#InfiniHacked
🚨 Another Crypto Heist Shakes the Market! 🚨
Just when we thought the #Bybit saga was cooling down, BOOM—another shocker! This time, the target is Infini, a Hong Kong-based stablecoin digital bank, and the loot? A jaw-dropping $50 million in USDC!
According to security watchdog PeckShield, the hacker pulled off a textbook crypto heist. First, they snatched a private key, then drained $49.5 million in USDC in two batches—11.4M + 38M $USDC . What next? The stolen funds were swiftly swapped into DAI, funneled through the infamous Tornado Cash (because, of course!), converted to $ETH , and tucked away in a brand-new wallet.
The best (or worst) part? A sharp-eyed community member noticed the shady transactions and sounded the alarm on #PeckShieldAlert and the Infini’s security team traced the hacker’s tracks, the unthinkable happened—an inside job! An engineer was allegedly behind the whole scheme. PekShieldAlert also shared the swap and hack flow info in their official X account.
Now, with the hacker exposed, #Infini has filed a police report and is demanding the full amount be returned. The crypto world is watching—will justice be served, or is this just another digital Houdini act?
Let's keep our eyes on, because this story is FAR from over!
#CryptoScam #TornadoCash
🚨 Another Crypto Heist Shakes the Market! 🚨
Just when we thought the #Bybit saga was cooling down, BOOM—another shocker! This time, the target is Infini, a Hong Kong-based stablecoin digital bank, and the loot? A jaw-dropping $50 million in USDC!
According to security watchdog PeckShield, the hacker pulled off a textbook crypto heist. First, they snatched a private key, then drained $49.5 million in USDC in two batches—11.4M + 38M $USDC . What next? The stolen funds were swiftly swapped into DAI, funneled through the infamous Tornado Cash (because, of course!), converted to $ETH , and tucked away in a brand-new wallet.
The best (or worst) part? A sharp-eyed community member noticed the shady transactions and sounded the alarm on #PeckShieldAlert and the Infini’s security team traced the hacker’s tracks, the unthinkable happened—an inside job! An engineer was allegedly behind the whole scheme. PekShieldAlert also shared the swap and hack flow info in their official X account.
Now, with the hacker exposed, #Infini has filed a police report and is demanding the full amount be returned. The crypto world is watching—will justice be served, or is this just another digital Houdini act?
Let's keep our eyes on, because this story is FAR from over!
#CryptoScam #TornadoCash
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#FoundationEthereum
#TornadoCash
The Ethereum Foundation is committed to donating 1.25 million dollars for the legal defense of the Tornado Cash developer
According to BlockBeats, the Ethereum Foundation announced a donation of 1.25 million dollars to support the legal defense of Tornado Cash developer Alexey Pertsev. The foundation emphasized that privacy is a fundamental right and that writing code should not be taken as a crime.
#TornadoCash
The Ethereum Foundation is committed to donating 1.25 million dollars for the legal defense of the Tornado Cash developer
According to BlockBeats, the Ethereum Foundation announced a donation of 1.25 million dollars to support the legal defense of Tornado Cash developer Alexey Pertsev. The foundation emphasized that privacy is a fundamental right and that writing code should not be taken as a crime.
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US unexpectedly 'turns back': The Department of Justice disbands the cryptocurrency enforcement unit, no longer prosecuting exchanges
In a shocking turn of events in the crypto world, the US Department of Justice (DOJ) has just announced the dissolution of the National Cryptocurrency Enforcement Team (NCET) and has suspended criminal prosecutions against crypto services such as exchanges, coin mixing tools, and cold wallets, unless related to clear crimes such as fraud, rug pulls, or hacks.
This information was disclosed in an internal memo sent to DOJ employees on Monday evening, signed by Deputy Attorney General Todd Blanche. On Tuesday morning, Amanda Tuminelli, the executive director of the DeFi Education Fund advocacy group, publicly announced this memo on social media X.
This information was disclosed in an internal memo sent to DOJ employees on Monday evening, signed by Deputy Attorney General Todd Blanche. On Tuesday morning, Amanda Tuminelli, the executive director of the DeFi Education Fund advocacy group, publicly announced this memo on social media X.
🚨 30-Year Prison Sentence For Crypto Mixer Founder
Roman Sterlingov, the mastermind behind the cryptocurrency mixer Bitcoin Fog, is fighting back against a hefty 30-year prison sentence after being found guilty on multiple money laundering charges.
Disputed Conviction and Sentence:
Sterlingov was convicted in March on charges that included money laundering, conspiracy, and running an unlicensed money transmitting business. Prosecutors allege he operated Bitcoin Fog from 2011 to 2021, helping to launder around $400 million in Bitcoin tied to illegal activities like drug trafficking and identity theft.
However, Sterlingov’s defense disputes the extent of his involvement, arguing that he wasn’t responsible for Bitcoin Fog's operations despite being linked to it. They also pointed out that key evidence—such as server logs, private keys, and ledgers—was never presented in court.
A Call for Fairness:
Sterlingov’s legal team argues that the proposed 20 to 30-year sentence is unjustified, especially when compared to similar cases that resulted in lighter penalties. They emphasize that the sentence should reflect his actual role, which they suggest was more about aiding and abetting rather than direct operation.
Judge Randolph Moss initially planned to sentence Sterlingov on August 21 but has decided to first consider the government’s forfeiture order, which includes 1,354 BTC still sitting untouched in a Bitcoin Fog wallet since 2012 and a possible $395 million judgment.
What do you think about this sentencing?
Drop your comment below!
#bitcoin #tornadocash #scam #cryptoscam #hacking
$BTC
Roman Sterlingov, the mastermind behind the cryptocurrency mixer Bitcoin Fog, is fighting back against a hefty 30-year prison sentence after being found guilty on multiple money laundering charges.
Disputed Conviction and Sentence:
Sterlingov was convicted in March on charges that included money laundering, conspiracy, and running an unlicensed money transmitting business. Prosecutors allege he operated Bitcoin Fog from 2011 to 2021, helping to launder around $400 million in Bitcoin tied to illegal activities like drug trafficking and identity theft.
However, Sterlingov’s defense disputes the extent of his involvement, arguing that he wasn’t responsible for Bitcoin Fog's operations despite being linked to it. They also pointed out that key evidence—such as server logs, private keys, and ledgers—was never presented in court.
A Call for Fairness:
Sterlingov’s legal team argues that the proposed 20 to 30-year sentence is unjustified, especially when compared to similar cases that resulted in lighter penalties. They emphasize that the sentence should reflect his actual role, which they suggest was more about aiding and abetting rather than direct operation.
Judge Randolph Moss initially planned to sentence Sterlingov on August 21 but has decided to first consider the government’s forfeiture order, which includes 1,354 BTC still sitting untouched in a Bitcoin Fog wallet since 2012 and a possible $395 million judgment.
What do you think about this sentencing?
Drop your comment below!
#bitcoin #tornadocash #scam #cryptoscam #hacking
$BTC
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TORN increases by 100% as Tornado Cash escapes the 'sights' of the U.S. Treasury
According to a statement from the U.S. Treasury, Tornado Cash and several related digital wallet addresses have been removed from the OFAC sanctions list. This move comes after the U.S. Court of Appeals and the Texas District Court ruled that OFAC exceeded its authority.
The judges argued that the smart contract of Tornado Cash cannot be considered as 'property' owned by any foreign individual or entity, and therefore is not within the scope of the International Emergency Economic Powers Act (IEEPA).
Previously, OFAC listed Tornado Cash on the blacklist in August 2022, accusing the platform of supporting North Korean hackers, particularly the Lazarus Group, in laundering over $7 billion in cryptocurrency from cyber attacks.
The decision to remove it is not only a reversal of policy but also reflects a new approach by the U.S. towards blockchain technology.
Treasury Secretary Scott Bessent asserted that the U.S. will continue to closely monitor criminal activities related to cryptocurrency.
Immediately following the announcement, the TORN token price of Tornado Cash surged nearly 100%, from around $7.5 to over $15 in just a few minutes. The crypto community on platforms like X quickly erupted with positive reactions.
Currently, TORN is trading at $10.51, up 23.54% in 24 hours. Trading volume increased by 1,855% to $3.29 million. Tornado Cash's market capitalization stands at $55.26 million.
#Coinbay #TornadoCash #TORN
According to a statement from the U.S. Treasury, Tornado Cash and several related digital wallet addresses have been removed from the OFAC sanctions list. This move comes after the U.S. Court of Appeals and the Texas District Court ruled that OFAC exceeded its authority.
The judges argued that the smart contract of Tornado Cash cannot be considered as 'property' owned by any foreign individual or entity, and therefore is not within the scope of the International Emergency Economic Powers Act (IEEPA).
Previously, OFAC listed Tornado Cash on the blacklist in August 2022, accusing the platform of supporting North Korean hackers, particularly the Lazarus Group, in laundering over $7 billion in cryptocurrency from cyber attacks.
The decision to remove it is not only a reversal of policy but also reflects a new approach by the U.S. towards blockchain technology.
Treasury Secretary Scott Bessent asserted that the U.S. will continue to closely monitor criminal activities related to cryptocurrency.
Immediately following the announcement, the TORN token price of Tornado Cash surged nearly 100%, from around $7.5 to over $15 in just a few minutes. The crypto community on platforms like X quickly erupted with positive reactions.
Currently, TORN is trading at $10.51, up 23.54% in 24 hours. Trading volume increased by 1,855% to $3.29 million. Tornado Cash's market capitalization stands at $55.26 million.
#Coinbay #TornadoCash #TORN
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#Whale Sudden Sell-off of $DAI to Buy $ETH - An Attractive Strategy! 🐋💥
Just 15 hours ago, a whale wallet address suddenly sold off 5,875,000 $DAI and used all of this money to buy ETH. The interesting part is that this #DAI has been accumulated since 2022, and only now has this whale decided to "All-in" on ETH.
Not stopping there, this whale also transferred 1000 ETH to #TornadoCash to shuffle the hash and erase all traces related to this amount of ETH.
Could this be a sign that this whale has started #bullish with ETH, deciding to buy in when prices are low? Or is this just a "winner takes all, loser goes to zero" strategy, full of risks? 🤔
#BullishMomentum
Just 15 hours ago, a whale wallet address suddenly sold off 5,875,000 $DAI and used all of this money to buy ETH. The interesting part is that this #DAI has been accumulated since 2022, and only now has this whale decided to "All-in" on ETH.
Not stopping there, this whale also transferred 1000 ETH to #TornadoCash to shuffle the hash and erase all traces related to this amount of ETH.
Could this be a sign that this whale has started #bullish with ETH, deciding to buy in when prices are low? Or is this just a "winner takes all, loser goes to zero" strategy, full of risks? 🤔
#BullishMomentum
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Tornado Cash Escapes Judgment: U.S. Court Defeats Sanctions for the Second Time
In a significant turn of events, a federal court in Texas has ruled that the U.S. Treasury exceeded its authority in imposing sanctions on Tornado Cash, a decentralized encryption protocol. This is the second time the Treasury has failed to regulate immutable smart contracts.
What Does the Court Say?
The ruling confirms that the immutable smart contracts of #TornadoCash cannot be considered "property" under the International Emergency Economic Powers Act (IEEPA). According to the court:
What Does the Court Say?
The ruling confirms that the immutable smart contracts of #TornadoCash cannot be considered "property" under the International Emergency Economic Powers Act (IEEPA). According to the court:
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