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Tornado Cash
Samourai Wallet Charges Raise Existential Questions for Privacy Tech
Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering related to the privacy-protecting wallet.

Degen Chain Racks up Millions in Volumes; Latest in Custodia Bank's Legal Battle Against the Fed
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as meme coins flourish on Degen Chain, a new layer-3 blockchain built on top of Base. Plus, Roman Storm's legal team filed a motion to dismiss the criminal indictment against the Tornado Cash developer. And, a federal judge has rejected Custodia Bank's argument that it is entitled to a Federal Reserve master account.

Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations
Storm was arrested last year over his work with the mixer.

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
The judge will deliver the verdict on May 14, the court said.

Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial
An indictment by Dutch prosecutors lists 40 suspicious transfers – the largest from the Axie Infinity Ronin exploit.

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic
The hacking group sent more than 40 transactions to Tornado Cash over the past 24 hours.

Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk
The exploit has the function to steal deposit data and deposited funds.

How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule
FinCEN has some concerns about mixers' use in terrorism. Crypto advocates warn its proposed solution may go too far.

Why Tornado Cash Remains the Most Pivotal Legal Case in Crypto
Edward Snowden has backed a legal defense campaign for Roman Storm and Alexey Pertsev, coders behind the mixing service. They deserve the support of the crypto community, which has fundamental rights at stake in the case.

Bitcoin's Volatility Continues; Japan Wants New Web3 Rules
"CoinDesk Daily" host Amitoj Singh breaks down the biggest crypto headlines impacting the industry today, including a closer look at bitcoin's (BTC) latest price action after spot bitcoin ETF approvals in the U.S. earlier this month. Some Japanese congressmen want to carve out policies for Web3, according to CoinDesk Japan. And, two Tornado Cash developers have raised over $350,000 for their legal defense fund.
