Roman Storm’s defense team raised the prospect of a mistrial on July 21 after an FBI agent failed to confirm that the stolen assets from the prosecution’s first witness in his trial had passed through Tornado Cash. Journalist Matthew Russell Lee reported in real-time today’s session of the trial, highlighting that before the jury could […]
The U.S. government doesn’t hold as much bitcoin as everyone thought — and the real number is blowing market watchers, investors and even U.S. lawmakers away. For years, it was assumed the U.S. government held around 200,000 bitcoin (BTC) worth billions of dollars. That was based on on-chain data from platforms like Arkham Intelligence, and
US Marshals Say They Hold 29k BTC – What Happened to 200,000 BTC? Read More »
A massive ransomware ring is collapsing as U.S. authorities track 1,610 BTC in ransom payments, leveraging bitcoin trails to identify and charge global cybercriminals. Bitcoin Ransom Plot Crashes as US Closes in on Ryuk Mastermind The U.S. Department of Justice (DOJ) announced on July 16 that a ransomware suspect extradited from Ukraine has been charged
FBI Tracks 1,610 BTC to Armenian Hacker in Explosive Ransomware Case Read More »
A procedural vote to advance landmark crypto legislation failed on the House floor Tuesday, only to be revived hours later following direct intervention from President Donald Trump. The reversal followed a brief but intense standoff between Republican leadership and a small group of conservative holdouts, which paralyzed the chamber and ultimately required a presidential deal
Bitcoin Magazine Tornado Cash Trial Day 2: Prosecution and Defense Tell Different Stores about Roman Storm Today, during the second day of the Tornado Cash trial, the prosecution and defense provided opposing accounts in their opening statements for why the defendant in the case, Roman Storm, started Tornado Cash. SUMMARY OF DAY 2 OF TORNADO
US federal investigators closed parallel criminal and civil probes into prediction market Polymarket, issuing letters earlier this month that ended inquiries by both the Justice Department and the Commodity Futures Trading Commission (CFTC), as Bloomberg News reported. The platform enables traders to bet on yes-or-no outcomes using stablecoins on Polygon and has faced scrutiny since a January 2022 CFTC
DOJ and CFTC end probes into Polymarket, clearing path for potential registration Read More »
India’s legal alarm over crypto hit new highs as the Delhi High Court warned it threatens monetary stability by dissolving recognized currency into opaque, untraceable financial systems. Delhi High Court Flags Crypto as Systemic Threat Amid Growing Legal Scrutiny Concerns over digital asset misuse intensified in India after a judicial warning flagged crypto’s ability to
Delhi Court Warns Crypto Could Collapse Recognized Money Into Dark Networks Read More »
Bitcoin Magazine Tornado Cash Trial Begins with Discussions around Motions In Limine and Data Custodians The Tornado Cash trail commenced today in the Southern District of New York (SDNY). UPDATE #1 FROM DAY 1 OF TORNADO CASH TRIAL pic.twitter.com/3YduuDEFGp — Frank Corva (@frankcorva) July 14, 2025 Only during the first 90 minutes of the day
Tornado Cash Trial Begins with Discussions around Motions In Limine and Data Custodians Read More »
Coinbase, one of the largest digital asset exchanges in the U.S., has filed a lawsuit against Oregon Governor Tina Kotek and Attorney General Dan Rayfield. The company is accusing the state of changing its digital asset policy in secret and not releasing public records to explain the decision. The lawsuit, shared by Paul Grewal, Coinbase’s
Coinbase Sues Oregon Officials Over Sudden Changes in Digital Assets Policy Read More »
A dire warning signals investors should be “very concerned” as Linqto’s bankruptcy exposes collapsed legal structures, pooled customer assets, and looming reclassification as unsecured creditors. Linqto Collapse Is a ‘Brutal Wake-up Call’—Why Customers Should Be Very Concerned A cascade of structural failures in Linqto’s investment model now threatens to leave thousands of users with little
Customers Could Be Crushed—Expert Flags Deep Risk for Linqto Investors Read More »
