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Crypto Community Voices Outrage at Tornado Cash Developer Verdict

16.5.2024
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering

Tornado Cash Developer Appeals Money Laundering Conviction, Seeks Overturning Verdict

16.5.2024
Alexey Pertsev, the developer behind Tornado Cash, has lodged an appeal with the s-Hertogenbosch court of appeal after being found guilty of money laundering. The post Tornado Cash Developer Appeals Money Laundering Conviction, Seeks Overturning Verdict appeared first on Cryptonews

Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict

16.5.2024
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge

Cypher Protocol Developer Confesses to Stealing $300,000 in User Funds and Gambling Away

15.5.2024
A pseudonymous developer at Solana-based Cypher Protocol has confessed to stealing approximately $300,000 worth of user funds and gambling them away. The post Cypher Protocol Developer Confesses to Stealing $300,000 in User Funds and Gambling Away appeared first on Cryptonews

Tornado Cash developer sentenced to 64 months for money laundering

15.5.2024
The Dutch court has pronounced Alexey Pertsev guilty of money laundering, with a sentence of a 64-month-long jail term passed. It was a three-judge bench that passed the verdict pertaining to the Tornado Cash builder for money laundering, amounting to $2.2 billion in unlawful assets. There is...

Solana-based Cypher developer confesses to gambling away $300K of user funds

15.5.2024
The insider’s exploit went unnoticed for months, despite over 36 individual transactions

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering

14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...

Guilty Verdict: Tornado Cash Developer Alexey Pertsev Found Guilty in Money Laundering Case

14.5.2024
Alexey Pertsev, the developer behind Tornado Cash, has been convicted of money laundering by a Dutch judge at the s-Hertogenbosch court. The post Guilty Verdict: Tornado Cash Developer Alexey Pertsev Found Guilty in Money Laundering Case appeared first on Cryptonews

Tornado Cash developer guilty of money laundering

14.5.2024
Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Tornado Cash

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months in Prison by Dutch Court

14.5.2024
Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto

Hong Kong Crypto Exchange Uses Elon Musk Deepfake to Promote Him as Lead Developer

13.5.2024
The Hong Kong Securities and Futures Commission has issued a warning regarding deepfake scams infiltrating the cryptocurrency industry. The post Hong Kong Crypto Exchange Uses Elon Musk Deepfake to Promote Him as Lead Developer appeared first on Cryptonews

Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles

12.5.2024
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of the pioneering cryptocurrency. From Freedom...

Dishonored Developer Shares The Personal Pain Of Microsoft's Studio Closures

8.5.2024
Harvey Smith, the now-former studio director at Arkane Austin, has taken to X/Twitter to express his feelings about Microsoft’s sudden and shocking closure of the beloved developer, alongside three other Bethesda-adjacent studios, Tango Gameworks, Alpha Dog Games, and Roundhouse Games. The team...

Exodus Approved for NYSE Listing, Trading Begins on May 9

7.5.2024
Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE American. The post Exodus Approved for NYSE Listing, Trading Begins on May 9 appeared first on Cryptonews

Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’

7.5.2024
Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden. The post Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’ appeared first on Cryptonews

US Imposes Sanctions on Crypto Addresses Linked to Russian Drone Maker

2.5.2024
The Office of Foreign Assets Control (OFAC) of the US Treasury launched an action against a developer at OKO Design Bureau, a drone manufacturer with headquarters in Russia, on May 1. Three crypto addresses connected to the developer were added to the Specially Designated Nationals (SDN) list...

Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget

1.5.2024
Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees to offset the security impact of the latest halving. After...