Privacy Mixer Tornado Cash Is an Entity, Judge Says
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Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”
House Financial Services Committee Chair Patrick McHenry (left) and Ranking Member Maxine Waters (Alex Wong/Getty Images)
DENVER, CO – FEBRUARY 18: Ethereum co-founder Vitalik Buterin speaks at ETHDenver on February 18, 2022 in Denver, Colorado. ETHDenver is the largest and longest running Ethereum Blockchain event in the world with more than 15,000 cryptocurrency devotees attending the weeklong meetup. (Photo by Michael Ciaglo/Getty Images)
It’s a bit of a truism in journalism that any headline that ends in a question that can be answered with “yes” or “no” will usually be answered with “no.” A few weeks ago, however, I asked “Is Sam Bankman-Fried Going to Jail?” and in a rejection of that truism, the answer was “yes.”
Crypto insiders may be feeling vindicated after a spate of recent good news. (Anjo Clacino/Unsplash, modified by CoinDesk)
Coinbase CEO Brian Armstrong (CoinDesk archives)
This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools.
The fallen FTX founder didn’t just violate his bail — he violated the trust of his family’s last remaining allies.
I didn’t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried’s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop the campaign finance charge itself due to treaty obligations with the Bahamas.