IRS Special Agent Stephan George’s testimony regarding some of Hanfeng Lin’s stolen funds having been put through Tornado Cash seemed credible enough to inhibit the defense from submitting a motion for a mistrial.
A team that helps operate the Orphans of Uganda Children’s Center, which runs in part on international bitcoin donations, took the orphans on a field trip to the zoo on Bitcoin Pizza Day to to show them that anything is possible, much like Laszlo Hayek did when he bought two pizzas with bitcoin 15 years ago.
While FBI Special Agent Joel DeCapua, the main witness to take the stand on day six of the Tornado Cash trial, highlighted the large amounts of criminal funds that moved through Tornado Cash, the defense illustrated that this amount was relatively small compared to those from the innocent, everyday people who used the service.
With a jury finalized, the prosecution and defense made their opening statements, each featuring a very different slant on Tornado Cash co-founder Roman Storm’s intentions in creating Tornado Cash.
The judge addressed questions and requests from the defense regarding updated motions and the legitimacy of certain data that will be used as evidence in the case.
In a virtual hearing, the judge presiding over the Tornado Cash case didn't mince words as she highlighted what she plans to focus on as trial begins next week.
U.S. senators and crypto specialists propose stipulations for digital asset market structure legislation while highlighting the reality of illicit financing on public blockchains and noting the Trump family’s crypto dealings.
Long-time Bitcoin advocate Senator Cynthia Lummis (R-WY) has drafted a bill that allows Bitcoin enthusiasts to spend small amounts of bitcoin without incurring capital gains taxes (which is very cool), but many — including myself — feel that the spending limits in the bill are too low.
Despite a push from Senator Cynthia Lummis (R-WY), an amendment regarding de minimus capital gains exemption on crypto spending was not included in the version of the One Big Beautiful Act that passed in the Senate.
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