15 months after being charged with conspiring to commit money laundering and conspiring to operate an unlicensed money transmitting business, the Samourai Wallet founders have pled guilty to the latter charge.
Dr. Matthew J. Edman, a specialist in cybersecurity and crypto investigations, detailed for the court how Tornado Cash works and challenged certain claims made by two of the prosecution’s witnesses.
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.
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 letter to the Southern District of New York (SDNY), the defense in the Samourai Wallet case illustrate why a hearing on the prosecution’s withholding key information in the case is in order.
The prosecutors in the Samourai Wallet case have stated that they did not violate any legal norms in only recently sharing key details of a discussion that they had with members of FinCEN in August 2023 and push to move forward with the case.
This week, Deputy Attorney General Todd Blanche called for an end to targeting crypto mixers, while New York Attorney General Letitia James called for a further crackdown on them.
In a major shift in federal oversight of bitcoin and crypto, the U.S. Department of Justice (DOJ) has officially disbanded its National Cryptocurrency Enforcement...
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