News Explorer — Tornado Cash Dev Alexey Pertsev Appeals Money Laundering Conviction

Generated by AI, curated by humans

May 16, 8:48 am

Coindesk

Tornado Cash Dev Alexey Pertsev Appeals Money Laundering Conviction

Alexey Pertsev, developer of crypto mixer Tornado Cash, has filed an appeal with the s-Hertogenbosch court of appeal after being found guilty of money laundering. The first hearing may take several months, and it is unclear if the appeal has been approved. Pertsev, who received a 64-month jail sentence, has the option to request to await the appeal trial at home but has already begun serving his prison time.

Alexey Pertsev, developer of crypto mixer Tornado Cash, has filed an appeal with the s-Hertogenbosch court of appeal after being found guilty of money laundering. The first hearing may take several months, and it is unclear if the appeal has been approved. Pertsev, who received a 64-month jail sentence, has the option to request to await the appeal trial at home but has already begun serving his prison time.

Latest

Dec 5, 4:43 am

Decrypt

Gold and Silver Outshine Bitcoin Amid Concerns Over Fed Policy and Inflation

Gold and silver have significantly outperformed Bitcoin this year, with returns of 86% and 60% respectively, while Bitco... Read Summary

Dec 4, 10:58 pm

Decrypt

IMF Cautions Stablecoins May Erode Central Banks' Financial Control and Stability

The International Monetary Fund warns that stablecoins could threaten central banks' financial sovereignty by leading to... Read Summary

Dec 4, 10:04 pm

Decrypt

Ripple CEO Brad Garlinghouse Still Thinks Bitcoin Can Hit $180,000 by 2026

Brad Garlinghouse predicted Bitcoin would reach $180,000 by the end of 2026 at Binance Blockchain Week. Regulatory progr... Read Summary

Dec 4, 9:36 pm

Decrypt

Bitcoin and Ethereum Show Slight Gains, With Predictors Bullish on BTC Reaching $100K

Bitcoin and Ethereum have seen slight gains, with BTC reclaiming $92,000 and ETH at $3,140. Predictors are now bullish o... Read Summary

Dec 4, 9:12 pm

Coindesk

Canton Network Creator Secures Funding From Nasdaq, S&P, BNY

Digital Asset, the company behind the Canton Network, has received strategic investments from major financial players li... Read Summary

Dec 4, 9:25 pm

Decrypt

Solana and Base Get Connected Through Chainlink-Powered Bridge

A new bridge between Base and Solana networks, secured by Chainlink's CCIP and Coinbase, allows seamless asset movement.... Read Summary

Dec 4, 8:22 pm

Decrypt

Zerebro Founder Is Back With New AI Token After Faking Death

Jeffy Yu, creator of the AI musician Zerebro, released an AI-written manifesto and a new Solana meme coin, PLOI, which q... Read Summary

Dec 4, 7:19 pm

Decrypt

Bitnomial to Introduce Leveraged Spot Crypto Trading in the US Under CFTC Oversight

Bitnomial, overseen by the CFTC, will introduce spot crypto trading in the U.S., offering leveraged trading. The exchang... Read Summary

Dec 4, 5:56 pm

Coindesk

Blockchain-Fueled N3XT Bank Launched by Former Signature Bank Execs

N3XT, a new blockchain-powered bank founded by former Signature Bank executives, operates as a full-reserve bank under a... Read Summary

Dec 4, 5:47 pm

Decrypt

Bitcoin Giant Strategy Just Had Its Price Target Cut—Here's Why

TD Cowen analysts revised Strategy's price target to $500 due to stock price volatility and increased shareholder diluti... Read Summary

Dec 4, 5:39 pm

Decrypt

Tether Investor Makes Largest-Ever UK Political Donation to Reform Party

Christopher Harborne, a Thailand-based investor in crypto firms, donated $11.4 million to Nigel Farage's Reform UK, surp... Read Summary

Dec 4, 4:55 pm

Decrypt

Malaysian Authorities Are Using Drones to Target Power-Stealing Bitcoin Miners

Malaysian authorities are cracking down on Bitcoin mining operations stealing power from the grid using drones and handh... Read Summary

Dec 4, 4:32 pm

Coindesk

Meta Plans Massive Cuts to Metaverse Division as AI Focus Expands: Report

Meta is considering budget cuts of up to 30% in its metaverse division, including Horizon Worlds and Quest headset unit,... Read Summary

Dec 4, 4:01 pm

Decrypt

Twenty One Set to Begin Trading on NYSE With $4 Billion in Bitcoin

Shareholders have approved the business combination between Twenty One Capital, Inc. and Cantor Equity Partners, with th... Read Summary

Dec 4, 1:57 pm

Protos

Aave Governance Removes Sky's USDS As Collateral and Considers Shutting Down Underperforming Chains

Aave governance has decided to remove Sky's USDS as collateral due to negligible revenue generation and asymmetric risks... Read Summary