The Electronic Frontier Foundation (EFF), a prominent digital rights group, has filed an amicus brief in support of Roman Storm, a developer of the crypto privacy protocol Tornado Cash (TORN).Storm has been charged with conspiracy to facilitate money laundering, operating an unlicensed money transmitter, and violating sanctions in relation to his work on the Tornado Cash protocol.“The government’s prosecution raises larger civil liberties concer…

Coin Desk

Manila

Metro Manila

Philippines

Electronic Frontier Foundation, a Digital Rights Group, Calls for Roman Storm's Dismissal in Tornado Cash Case

The High Court of Singapore approved a restructuring plan allowing crypto exchange WazirX to repay its customers for their losses in the $235 million hack.

Cointelegraph

WazirX approved for hack repayments, Tornado Cash sanctions overturned: Law Decoded

Storm faces a maximum prison sentence of 45 years for money laundering related charges in his part in developing crypto mixer Tornado Cash.

BizToc

Paradigm commits $1.25 million to aid Tornado Cash co-founder in continued legal battle

All Sides

A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto.

Cryptocurrency News | Cryptocurrency Prices | Market Cap

The case "raises larger civil liberties concerns that could chill the future development of privacy-enhancing technologies," the EFF wrote.

decrypt.co

New York

United States

Paradigm, EFF Rally Behind Tornado Cash’s Roman Storm Amid Legal Battle

WazirX’s restructuring plan promises to return 75-80% of stolen funds. A three-month voting period has sparked frustration among victims. The recent decision by the Singapore High Court approving WazirX’s restructuring plan has sparked debate among the crypto community. After the devastating $234 million hack in July 2024 by North Korea’s Lazarus Group, the exchange now promises to return 75% to 80% of lost funds. While this appears to be a step…

TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

WazirX’s Restructuring Plan Approved: Can It Truly Compensate Victims of $234M Hack?

by Ivan Cairo PARAMARIBO — An insider, who is not authorized to make media statements, has stated to the editors of the Ware Tijd that the implementation plan for the investors of the financially troubled insurer Clico Suriname is still in effect. It is stated that when the company was in trouble more than 15 years ago, Self-Reliance was requested by the then government and then governor of the Central Bank of Suriname, André Telting, and Clico'…

door Ivan Cairo PARAMARIBO — Een ingewijde, die niet bevoegd is om media-uitspraken te doen, heeft tegenover de redactie van de Ware Tijd verklaard dat het uitvoeringsplan voor de beleggers van de in financiële problemen geraakte verzekeraar Clico Suriname nog steeds van kracht is. Er wordt aangegeven dat toen het bedrijf ruim 15 jaar geleden in moeilijkheden verkeerde, Self-Reliance door de toenmalige regering en toenmalig governor van de Centr…

Uitvoeringsplan terugbetaling Clico-beleggers ‘nog overeind’

DWTonline.com

Implementation plan for repayment of Clico investors ‘still standing’

Crypto blender Tornado Cash has won a major legal battle against the US financial regulator. In a groundbreaking decision, a The post Did You Know: Court Overturns Sanctions Against Crypto Mixer Tornado Cash appeared first on Coinpri.

Coinpri

Did You Know: Court Overturns Sanctions Against Crypto Mixer Tornado Cash

January 27, 2025 – WazirX, a prominent Indian cryptocurrency exchange, has obtained court approval in Singapore to reimburse victims of its $235 million hack, marking a significant step forward in restoring user confidence and addressing security vulnerabilities within the crypto industry. The WazirX Breach and Response On July 18, 2024, WazirX fell victim to a cyberattack orchestrated by the Lazarus Group, a North Korean hacking collective. Exp…

Crypto News & Investigative Reports

WazirX Secures Court Approval for $235M Hack Repayment: A Milestone for Crypto Industry Recovery – Digital News & Investigative Reports

Singapore High Court has accepted WazirX's reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court's decision, many victims remain suspicious!

Electronic Frontier Foundation, a Digital Rights Group, Calls for Roman Storm's Dismissal in Tornado Cash Case

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics