Onchain, in court: What happened in crypto legal news this week
The Polymarket insider trading case and a retrial of Tornado Cash co-founder Roman Storm are expected to move forward in late 2026 while former Celsius CEO Alex Mashinsky awaits a…
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DOJ Pushes for Retrial of Tornado Cash Developer Roman Storm
The U.S. Department of Justice (DOJ) has asked that Tornado Cash developer Roman Storm be put on trial anew on charges of money laundering and sanctions violations. Last year, a…
Dragonfly Capital Launches $650M Crypto Fund Amid Market Turmoil
Crypto venture capital firm Dragonfly Capital has closed its fourth fund at $650 million. The fund comes as the broader cryptocurrency market faces a severe downturn, with token prices declining…
Guilty Verdict Sends TORN Price Crashing 15% — What’s Next?
TL;DR Tornado Cash developer Roman Storm was found guilty of operating an unlicensed money service business. TORN price dropped below $10 after the court decision, recording a 24% loss over…
Roman Storm Convicted in Tornado Cash Case
Tornado Cash developer Roman Storm has been found guilty of operating an unlicensed money transmitting business. This follows four days of deliberations, in which the jurors in the case were…
What is Tornado Cash, and why did it get into trouble?
What is Tornado Cash? Tornado Cash is a decentralized, non-custodial crypto mixer designed to enhance transaction privacy on public blockchains. It uses smart contracts and zero-knowledge (ZK) proofs to conceal…
More Than a Quarter of Bybit’s Hacked Crypto Is Now Untraceable
A significant portion of the $1.4 billion in cryptocurrency stolen during Bybit hack by North Korea’s Lazarus Group has become untraceable, according to the exchange CEO Ben Zhou. In a…
zkLend Hacker Loses $5.4M to Tornado Cash Scam
In an ironic twist of fate, the hacker behind February’s $9.57 million exploit on zkLend has allegedly fallen victim to another scam. The suspected criminal claimed in an on-chain message…
Alexey Pertsev to Be Released from Prison Today With an Electronic Monitor
Alexey Pertsev will be released from prison today under electronic monitoring as he continues to appeal his money laundering conviction linked to Tornado Cash. His release comes after months of…
TORN Enjoys Uptick After Court Overturns Tornado Cash Sanctions
TORN, the native token of beleaguered crypto mixer Tornado Cash, enjoyed a brief renaissance over the last two days following news that a court had overturned sanctions imposed on the…
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