Regulation

In the landmark “US vs Roman Storm” case, the Tornado Cash founder was found guilty of conspiracy to run an unlicensed money transmittal business and innocent of others. This case has been a landmark battle for privacy rights and the decentralized nature of crypto. Roman Storm argued that he wasn’t responsible for other actors’ usage…

The SEC issued a statement on liquid staking tokens (LSTs), clarifying how these and other staking activities fit within securities laws. The Commission generally loosened existing rules, but it’s not a laissez-faire approach. To be clear, this is a non-binding statement, and the SEC’s position on the subject could change in the future. For now,…

As the Tornado Cash trial nears its conclusion, SEC Commissioner Peirce gave a speech defending crypto privacy. She criticized federal regulators’ approach and defended crypto mixers as a beneficial technology. For now, this statement won’t impact Roman Storm’s trial. Still, it emphasizes that crypto privacy is still popular, even within federal regulators. This could help…

A former SEC official has clarified that Ripple, not the Commission, was the driving force behind this year’s prolonged appeals process. The general public perception was that the SEC was dragging its feet.  Now, with both sides moving to end litigation, the final resolution is likely close.  Ripple and the SEC in Court The Ripple…