Category: Law of the Chain
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Tornado Cash Trial Day 2: Prosecution And Defense Tell Different Stores About Roman Storm
Day 2 of the Tornado Cash trial saw opposing opening statements from prosecution and defense regarding Roman Storm’s motives for creating the crypto mixer, with allegations of money laundering.
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Legitimate Privacy Tool or Dirty Money ‘Laundromat’? Lawyers Debate Role of Tornado Cash on Day 1 of Roman Storm Trial
The trial of Tornado Cash developer Roman Storm began, debating whether he should be liable for criminals using the privacy tool to launder money, including North Korea’s Lazarus Group.
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Key Pieces Of Crypto Legislation Fail In Shock Procedural Vote
Key crypto legislation failed in a U.S. procedural vote, with 223 lawmakers opposing advancement. GOP Freedom Caucus members cited CBDC concerns as a major reason for the setback.
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GENIUS Act, Clarity Act Advance Halted by 12 Republicans – News Bytes Bitcoin News
Twelve House Republicans blocked a procedural vote, stalling Pentagon funding and crypto legislation including the GENIUS Act and Clarity Act.
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U.S. DOJ Closes Polymarket Case – $2.6B Prediction Market Eyes Imminent U.S. Return
The U.S. DOJ and CFTC have closed investigations into Polymarket, signaling a regulatory shift. The $2.6B prediction market may soon return to the U.S. after probes ended without action.
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Fairshake secures $141M to champion pro-crypto candidates
Fairshake, a bipartisan crypto PAC, raised $141M to support pro-crypto candidates in the 2026 midterms, with major contributions from Coinbase and other industry leaders amid regulatory debates.
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Prosecutors link Roman Storm to DPRK hackers in trial opening statements
Prosecutors allege Tornado Cash co-founder Roman Storm facilitated North Korean hackers in laundering funds, while defense argues the privacy tool had legitimate uses. The trial could impact crypto developers.
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Trump ‘Furious,’ Demands GOP Unity in Crypto Bill Re-Vote
House Republicans blocked a crypto bill backed by Trump, causing a procedural vote failure. Trump is pressuring GOP holdouts for a re-vote to advance digital asset legislation and establish US crypto leadership.
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Crypto Week Falters: Trump’s Stablecoin Push Stalls as GOP House Members Break Ranks – Brave New Coin
Republican efforts to advance crypto legislation stalled as 13 GOP members broke ranks, despite Trump’s push. The setback revealed party fractures and raised concerns over potential conflicts of interest.
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Standard Chartered expands crypto footprint amid stablecoin market boom
Standard Chartered launches Bitcoin and Ethereum spot trading, expanding its crypto services amid growing U.S. regulatory focus on stablecoins, which could see a $750 billion market by 2026.
