Tornado Cash: Storm Files For Reconsideration Of Motion To Dismiss
In light of the Fifth Circuit court reversing sanctions placed on Tornado Cash, Storm's defense requests the dismissal of all criminal charges
Latest
Samourai Wallet Trial Set For November 3, 2025
* The next hearing in the Samourai Wallet case is postponed until March 12th, 2025 in light of volume of discovery * The prosecution has added two additional batches of discovery since the last hearing in September * The trial date is set for November 3rd, 2025 According to a memo endorsement filed
Chainalysis Claims Cryptocurrency Funds Syrian Rebels
...but won't say by how much
Major Vulnerability In WabiSabi Coinjoin Protocol
A vulnerability in the WabiSabi coinjoin protocol allows malicious coordinators to deanonymize coinjoins. Users are urged to update their wallets immediately.
House Financial Services Committee Investigates Crypto Debanking
The Financial Services Committee has "no patience" on the debanking of legal businesses. AI-enabled AML/CFT programs are presented as the solution to "protect consumers."
GCHQ Annual Review Contradicts NCA's National Risk Assessment
GCHQ's National Cyber Security Centre's annual report contradicts the NCA's findings of cryptocurrencies and end-to-end encryption as a major threat to national security.
Fact Checking Marc Andreessen’s Viral Debanking Claims
Marc Andreesen has turned debanking into a much needed issue of national debate. Unfortunately, he has no idea how debanking works.
Wolfsberg Group Creates Deeply Flawed "Definitional Hierarchy" For ML/TF Risks In Digital Assets
The Wolfsberg Group's FAQs on digital assets aim to align global efforts in countering money laundering and terrorist financing risks.
Fifth Circuit Lifts Tornado Cash Sanctions
The court has found that OFAC overstepped its authority by placing Tornado Cash on OFAC's Specially Designated Nationals and Blocked Persons List, reversing a District Court's ruling upholding Sanctions on the software
US Purchased Pegasus for Colombia in $11M Deal
The software was used to spy on narcotics trafficking under US supervision Colombian Ambassador says, but the structuring of transactions raises suspicions on the program's legitimacy
Congressmen Issue Letter On Tornado Cash
Lawmakers urge FinCEN to finalize reporting requirements for cryptocurrency mixers. They still don't understand how the software works.
What Trump 2025 Means For Freedom Of Transaction
Why miners should brace for the application of sanctions law.
US
New FinCEN Alert Shows Cash, Smuggling Preferred Method For Hezbollah Financing
A FinCEN alert issued on Wednesday highlights that Hezbollah does not use cryptocurrencies at scale to finance its operations.
US
Judge Dismisses Defamation Suit Against Chainalysis
A New York Judge has dismissed a crypto project's defamation lawsuit against the blockchain surveillance firm Chainalysis on grounds of Anti-SLAPP laws.
US
"Blockchain And Bloodshed": What Soufan Center Gets Wrong On Terror Financing
The Soufan Center has published a brief on cryptocurrency adoption by terrorist groups titled "Blockchain and Bloodshed," citing outdated, incorrect, and misleading statements.
US
SLAPP: Chainalysis Argues For Dismissal Of Defamation Suit
In a hearing on Wednesday Chainalysis argued that a defamation lawsuit filed by alleged “scam” is an effort to silence the analytic's firm
US
TD Bank's “Historic Fine”: Drugs, Bribes, Human Trafficking, And A Calculated Risk
Last week, TD Bank agreed to pay a “historic fine” of over $3B for BSA violations linked to drugs, bribes, and human trafficking – but the fine makes up merely 1% of the banking group's revenue.
US
Rogue Police Chief Accessed FinCEN Data For "Private Investigation"
A Tennessee Assistant Police Chief gave a former Arizona Representative access to confidential FinCEN data in "private sector racketeering investigation", raising questions on illegitimate surveillance
International
"Tough" US Regulation Approach Positive For Industry, WEF Report Finds
A World Economic Forum report on digital asset regulation finds "tough" US approach "positive for the industry", recommends AI, digital identities for AML/KYC, EU stablecoin reserve requirements "too strict"
US
Utah Senator Proposes Bill To Reform Financial Privacy
The Saving Privacy Act amends codifications of financial privacy laws, introduces prohibitions for central databases holding personally identifiable information and CBDCs, and reforms executive regulations and penalties.
International
Colombia Implicates Financial Intelligence Unit In Pegasus Scandal
Colombia investigates whether information on the alleged purchase of Pegasus Spyware was shared with Colombia's Financial Intelligence Unit (FIU). Last week, Colombia was banned from the international FIU network Egmont Group for revealing a confidential report on Israeli Pegasus sales.
US
Tornado Cash: Code Not Speech, Non-Custodial MSBs, Knowledge Not Required
In an oral statement issued on Thursday, Tornado Cash judge says code is not speech, non-custodial service providers can be money service businesses, and specific knowledge of criminal activity is not a prerequisite for charges of conspiracy to commit money laundering.
US
Gensler To Rule On SEC Licensing Requirements For "Communication Protocols"
SEC Chair Gary Gensler expressed intent to rule on amendments to rule 3b-16 of the Exchange Act by November. Criticized as overly broad, the proposed amendments may be abused to require software publishers to obtain SEC licenses.
International
Keir Starmer Wants To Spy On Your Bank Account
UK Prime Minister Keir Starmer announced plans to "stop benefit fraud" costing taxpayers "almost £10 billion a year". The digital rights group Big Brother Watch sees a revival of bank spying powers.