US
The DOJ Crypto Memo Is Not A Carte Blanche
The Deputy Attorney General has asked the DOJ to stop targeting developers for the conduct of their users. But the issued memo appears to deliberately leave the door wide open to do exactly that.
US
US
Tornado Cash Trial Could Raise Additional Questions Over Blockchain Surveillance Reliability
The jury trial against Tornado Cash developer Roman Storm is postponed to July 14th in light of discussions on pretrial disclosures.
US
ICERAID: Report Immigrants, Get Paid In Crypto
ICERAID promises users rewards in cryptocurrency to report immigrants to law enforcement. The project claims to be in talks with the White House, but investors already want their money back.
International
CoinDesk Publishes Long Debunked Hamas Financing Allegations
Announcing the seizure of $200,000 in cryptocurrency allegedly linked to Hamas, CoinDesk publishes long debunked terrorist financing allegations
US
Tornado Cash: Treasury Attempts To Block Sanctions Judgement
The Treasury has filed a notice to stop a Texas district court from issuing a final judgement on Tornado Cash's sanctions reversal, attempting to retain powers to list software like Tornado Cash on OFAC's SDN list.
US
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.
US
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.
US
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.
US
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.
US
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.
US
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.
US
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.