Encryption Is Under Siege
Chat Control, the EARN IT Act, and the UK's Apple order - private communication is under siege globally.
Latest
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.
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.
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.
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.
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.
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.
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.
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.
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."
International
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.
US
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.
US
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.
US
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
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
US
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.
US
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.