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X @mert | helius.dev
mert | helius.dev· 2025-08-13 09:06
Zcash shielded txns are at an ATH, they have a revamped scalability roadmap, and a competent labs entity with a dope wallet @zashi_appyou can even use it to pay for Chipotle directlyzcash the dark horse in privacy atmkarbon 🐺🦊 (@basedkarbon):Tornado cash - goneSamourai - goneMonero - in the middle of a 51% attackThere's nothing left to use if you want privacyGreat job team. Yay number go up ...
X @Wendy O
Wendy O· 2025-08-06 21:30
Jury Convicts Tornado Cash’s Roman Storm On One Charge, Deadlocks On OthersTornado Cash co-founder Roman Storm was found guilty of operating an unlicensed money transmitting business, but jurors deadlocked on more serious charges of money laundering and sanctions evasion.The case centered on whether Storm could be held responsible for illicit use of Tornado Cash—a privacy protocol he helped create but did not control.Prosecutors argued he knowingly enabled money laundering, while the defense claimed Storm w ...
X @The Block
The Block· 2025-08-06 18:17
Tornado Cash verdict sets off a storm of protest as crypto advocates push for a potential appeal https://t.co/9loJfmF5O3 ...
X @Bankless
Bankless· 2025-08-01 12:00
LIVE NOW - SEC Announces "Project Crypto." This Changes Everything.We’re joined by @hosseeb from @dragonfly_xyz to discusses the @SECGov's Project Crypto and its impact on the crypto landscape.We celebrate @ethereum's 10th birthday, reflect on its growth, and analyze the ongoing trial of @rstormsf linked to @TornadoCash.The episode also covers the launch of Ethereum treasury company ETH Zilla and advancements in crypto ETF regulations.--------------TIMESTAMPS0:00 Ethereum's 10th Birthday7:47 Analyzing SEC's ...
SEC Announces "Project Crypto." This Changes Everything.
Bankless· 2025-08-01 10:30
Ethereum & Crypto Industry - Ethereum celebrated its 10th anniversary, with community members sharing stories of its impact and a community-led marketing campaign replacing "ETH" in "something" with the ETH logo [1] - The Roman Storm case, involving a Tornado Cash developer, casts a shadow over the industry due to its implications for the cypherpunk movement and privacy applications [1] - The SEC's "Project Crypto" aims to modernize securities rules and regulations to enable America's financial markets to move on-chain, potentially attracting crypto asset distributions back to the US [4] - SEC Chairman Paul Atkins emphasized the importance of maximum choice in custody and trading of crypto assets, supporting the right to self-custody and potentially easing restrictions like Operation Chokepoint 20 [5] - The SEC is considering an innovation exemption to allow both registrants and non-registrants to quickly enter the market with new business models, potentially reducing red tape for crypto startups [7] Market Trends & Dynamics - Wall Street is increasingly interested in Ethereum and crypto, with the 10-year anniversary of Ethereum having a better halo around it in traditional finance [2] - The SEC's speech is uniquely bullish for Ethereum due to the increasing TradFi adoption of Ethereum-based solutions like Circle, Coinbase, and Robinhood [8] - Zora, a token launchpad on the Base chain, has seen new all-time highs in various metrics, positioning it as a competitor to Pump Fun [13] - ETHZilla, an ETH treasury company with $425 million starting capital, aims to generate yield through on-chain DeFi activities, potentially impacting DeFi yields [9] Regulatory & Legal Issues - The DOJ's initial claim of potentially charging Dragonfly for investing in Tornado Cash caused a firestorm, highlighting concerns about the chilling effect on investments in innovative technologies [15] - The jury in the Roman Storm case questioned the venue, potentially indicating consideration of dismissing charges based on improper venue [16] - The SEC approved in-kind creation and redemptions for crypto ETPs, a procedural change expected to tighten spreads and reduce slippage [11]
X @Bitcoin Magazine
Bitcoin Magazine· 2025-07-29 18:27
RT JuanGalt.com (@JuanSGalt)Tornado Cash, the Only Useful Ethereum Product Is About To Be Made IllegalHot take, fresh off the press!https://t.co/dOV0LseWsm via @bitcoinmagazine ...
X @Ivan on Tech 🍳📈💰
RT Haseeb >|< (@hosseeb)Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020. We made this investment because we believe in the importance of open-source privacy-preserving technology. Prior to our investment, we obtained an outside legal opinion that confirmed that Tornado Cash as built complied with the law, under the guidance given by FinCEN in 2019.The government has now stated in open court that they are contemplating charges against Dragonfly for having invested i ...
X @Wendy O
Wendy O· 2025-07-25 22:00
"How SDNY Saved Its Opening Witness With A 100 Year Old Accounting Method"- Aug. 2022: OFAC sanctioned Tornado for allegedly facilitating over $1B in illicit funds laundering-Treasury argues that Tornado is a money laundering platform aiding sanctions evasion-Privacy advocates argue code = speech-they argue Tornado is a neutral tool-Roman Storm (co-developer) arrested in Aug. 2023-charged with conspiracy to commit money laundering, sanctions violations, and operating an unlicensed money transmitter-Faces po ...
X @Balaji
Balaji· 2025-07-25 19:57
Privacy is not a crime.Free Roman Storm!https://t.co/0IfNesOpSm https://t.co/S1RXX0gWNVHaseeb >|< (@hosseeb):Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020. We made this investment because we believe in the importance of open-source privacy-preserving technology. Prior to our investment, we obtained an outside legal opinion that confirmed that ...
X @Balaji
Balaji· 2025-07-25 19:51
RT Haseeb >|< (@hosseeb)Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020. We made this investment because we believe in the importance of open-source privacy-preserving technology. Prior to our investment, we obtained an outside legal opinion that confirmed that Tornado Cash as built complied with the law, under the guidance given by FinCEN in 2019.The government has now stated in open court that they are contemplating charges against Dragonfly for having invested i ...