A jury's verdict to find Tornado Cash creator Roman Storm guilty on one charge was met with disappointment from crypto pundits.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A U.S. appeals court overturned former OpenSea employee Nathanial Chastain's fraud and money laundering convictions.
Lawyers for Tornado Cash co-founder Roman Storm are reportedly weighing a potential mistrial following concerns about a witness's account.
Valued at just £60,000 ($77,400) at the time of the theft in 2017, the bitcoin is now worth around £4.4 million ($5.9 million).
Prosecutors claim the woman was suffering from financial difficulties and had transferred more than $90,000 to crypto platforms in 12 months.
Prosecutors claimed a Tornado Cash developer asked about laundering $600 million, but he had merely forwarded a message from a reporter.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
South Korean firm Haru abruptly closed withdrawals in 2023, which allegedly led to $650 million losses from 6,000 investors.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The crypto exchange said the Singapore High Court declined its proposed restructuring plan following a $230 million exploit last year.
The judge also ruled that since Mango Markets had no explicit rules around borrowing, Eisenberg's actions could not be considered misrepresentations.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Karony allegedly misappropriated SafeMoon's liquidity pool for his personal benefit, while assuring investors that the pool was locked.
Binance said FTX's plan to recover about $1.76 billion from the exchange tried to shift blame from Sam Bankman-Fried through on a "legally deficient" case.
Senior FinCEN employees told prosecutors that non-custodial protocols might not qualify as money services businesses in an August, 2023 call.
Judge Torres said the request was 'procedurally improper' and failed to address what was necessary to lift the injunction against Ripple.
U.S. prosecutors will move forward with charges against Roman Storm, but have decided to leave part of an allegation off the table.
Techteryx is suing First Digital for allegedly redirecting nearly half a billion dollars worth of TUSD reserves into illiquid investments.
Alex Andryunin may also receive a lighter sentence following the agreement, pending court approval, but cannot withdraw his guilt plea.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Carl Erik Rinsch is alleged to have stolen an $11 million investment for a television series, instead using it for cryptocurrency trading.
The attacker reportedly lost 100 BTC in Haru Invest, which allegedly defrauded over $960 million from around 16,000 investors.
A Montana man and his co-conspirators allegedly laundered more than $2.4 million through illicit means.
The SEC filed a motion to dismiss its appeal of a ruling against an effort to expand its securities "dealer rule" on crypto and DeFi users.
The defendants agreed to forfeit assets valued at over $400 million as part of their please, according to the DOJ.
Judge Ana Reyes began the hearing with a blistering series of questions and noted FDIC lawyers may face "serious sanctions."