Reporting from the New York courtroom suggested that the Tornado Cash developer could wrap up his defense in a few days, but whether he would take the stand was still unclear.
Court News
A court is a tribunal that has the authority to provide legal processes of resolving disputes between parties in criminal, civil and administrative matters relying on the law. The court is one of the branches of power and is crucial to the political, economical and social prosperity of the country it’s in. The decisions of the court may be crucial to any industry working under its jurisdiction. For example, a court can pause or cancel an unconstitutional law or establish new law enforcement practices in fields like IT, minerals, environment and others. The court has already been involved in the blockchain industry. Courts are working on Bitcoin-fraud cases, making decisions about measures of restraint for criminals that were operating with blockchain-based platforms and more. Famous blockchain-related court cases include Ross Ulbricht’s case about the dark market Silk Road and Mark Karpeles case concerning the Mt.Gox exchange bankruptcy.
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An Arizona woman was sentenced to 8.5 years for aiding DPRK hackers in infiltrating over 300 US crypto and tech firms, generating $17 million of illicit gains.
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A Texas magistrate judge says Logan Paul’s bid to blame the co-founders for the failure of his CryptoZoo NFT project should be rejected.
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FTX’s next $1.9 billion distribution may include repayments to jurisdictions questioned in an earlier motion that is being rewritten, creditors say.
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Australia’s Federal Court ruled Finder’s Earn product is not a financial instrument, defeating ASIC’s appeal in a major win for the country’s fintech sector.
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A judge has denied MIT brothers’ bid to dismiss $25 million crypto fraud charges, ruling their novel crypto exploit methods still constitute wire fraud.
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The US Ninth Circuit Court of Appeals has reversed Yuga Labs’ $9 million reward in its trademark infringement suit against artist Ryder Ripps.
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Tornado Cash co-creator Roman Storm, facing 45 years behind bars, could move for a mistrial after claiming that a scam victim’s testimony wasn’t connected to the crypto mixer.
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The second week of the Roman Storm trial kicked off with Judge Katherine Failla allowing a witness to testify that Tornado Cash could have been modified to prevent criminal use.
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A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving nearly 70 objections from creditors in China, Saudi Arabia and more.
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The president’s pick to sit on an appellate court covering Silicon Valley has represented several blockchain entities in courts.
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The fourth day of the Tornado Cash developer’s criminal trial in New York kicked off with witnesses from the FBI.
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The UK has jailed a former National Crime Agency officer who stole and spent Bitcoin seized from Silk Road 2.0 co-founder Thomas White.
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US Attorneys continued hearing from witnesses in their case against the Tornado Cash co-founder and filed a motion to block testimony on crypto-related kidnappings and torture.
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The Justice Department says two LA Sheriff deputies admitted to helping extort victims, including for a local crypto mogul, while working their private security side hustles.
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