Chainalysis Sued For Deception In Celsius Scam
Celsius Network, led by debtors, is suing Chainalysis for 'propping up' a fraudulent $3.3 Billion audit of the platform that misled customers and investors.
Latest
IRS To Share Tax Data With ICE, DHS For Deportations
WaPo reports that the IRS will share tax information with ICE and DHS to aid the agencies in deportations, marking the second major increase in financial surveillance under the Trump administration in just a few weeks.
Tornado Cash Officially Removed From Sanctions List, Treasury Issues Warning
The Treasury has issued a warning that US persons should "exercise caution" before engaging with services like Tornado Cash amidst the software's removal from OFAC's SDN list.
Samourai Wallet Hearing Sets Key Dates For Criminal Trial
In a hearing in downtown Manhattan today, a slew of new hearing dates were set in the criminal trial of Samourai Wallet co-creators Keonne Rodriguez and William Lonergan Hill. The cofounders were charged in April of 2024 with conspiracy to commit money laundering and conspiracy to run an unlicensed money
GOP Vote To Remove Debanking Oversight After Promising To Fight Debanking
Viral discussions on Operation Chokepoint 2.0 had the potential to reform a broken financial system. Instead, it birthed a disinformation campaign designed to save big tech from enforcement action while selling out consumers.
First Digital Asset Hearing: Self-Custodial Wallets Are Hamas
At the first Digital Assets Subcommittee hearing, terrorist financing, KYC requirements and sanctions compliance loomed over possible stablecoin regulation.
Saylor Advises SEC: Bitcoin Not "Digital Currency"
In a meeting with the Crypto Task Force, Michael Saylor proposes a regulatory framework that mainly benefits Michael Saylor.
Anonymous Crypto "Main Question" At CFT Conference
At the No Money for Terror Conference, FATF, Europol, and German Finance Minister contradict intelligence findings to advocate for total financial surveillance.
Encryption Is Under Siege
Chat Control, the EARN IT Act, and the UK's Apple order - private communication is under siege globally.
The Cost Of Gambaryan
Nigeria appears to have swapped Binance Executive Tigran Gambaryan for US "resources and expertise" to fight illicit finance in a secret deal with the State Department.
Roman Storm Petitions Supreme Court
Tornado Cash developer Roman Storm his petitioning the Supreme Court to stop an order that would make him disclose his defense strategy to the Government.
Leaked Email: FinMa Abused Authority To Implement New KYC Rule
According to a lawsuit, the Swiss banking authority FinMa has abused its authority by secretly instructing SROs to implement monthly 1000 CHF no-KYC limits.
US
EFF Joins Roman Storm Defense
The digital rights group Electronic Frontier Foundation has filed an amicus brief in the defense of Tornado Cash developer Roman Storm, citing the criminalization of privacy and the prosecution's chilling effects on free speech.
US
DARPA To Launch Pre-Crime AML Program
The Department of Defense is planning to launch a new AML program that wants to stop money laundering before it happens.
US
DOJ Doubles Down On Tornado Cash UI Charges
The US Government has filed its opposition to Tornado Cash's motion to reconsider the dismissal of criminal charges against the developers.
US
Oklahoma "Bitcoin Freedom Act" Protects Free Software, Decentralized Exchanges
A Bitcoin Bill introduced in Oklahoma sets an example for how sensible Bitcoin legislation can work in favor of the people and the industry as a whole.
EU
Travel Rule: As Surveillance Increases, EU Not Off To A Great 2025
The EU is ringing in 2025 with a truly remarkable shitshow for your financial privacy and security.
US
The two-pronged Eleventh Hour IRS squeeze on Bitcoin and crypto developers
The IRS is cracking down on noncustodial services with two new rules finalized between the years.
US
Broker Rule: IRS Requires Non-Custodial Services To Report Trading Information
Custody over funds is not necessary to be considered a broker by the IRS.
US
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
US
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
International
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."