🚨JUST IN Jury in trial against Roman Storm says it's deadlocked on some charges. Court asked jury to reconsider – if deadlock remains, the court will accept a partial verdict. Government may re-try remaining charges.

How many hops makes a criminal? Today the jury asked whether sanctions also apply to intermediary addresses between a sanctioned wallet and Tornado Cash. An important question, as there seems to be quite a few intermediaries in the Government's tracing testimony. Full story 👇

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Jury Questions Tracing and Venue in Roman Storm Trial

The jury requested information on a Government tracing witness that testified to sanctioned funds. Members stated to have made major progress in de...

Jury deliberations continued today, with prosecution and defense waging trench warfare over every word and document that might shape the verdict. Today, one question from the jury took both legal teams nearly two hours to address 👇

"We should take concrete steps to protect people’s ability not only to communicate privately, but to transfer value privately," says SEC Commissioner Hester Pierce. Full story👇

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SEC Commissioner Hester Pierce Slams Bank Secrecy Act

"We should take concrete steps to protect people’s ability not only to communicate privately, but to transfer value privately," the Commissioner ...

This Sunday. Everything you need to know about the criminal trial against Tornado Cash developer Roman Storm. With Amanda Tuminelli, Taylor Monahan, Molly White, and Tim Clancy, hosted by David Z Morris 👇

It's the third week in the criminal trial against Tornado Cash developer Roman Storm, and we continue to wait for a verdict. Today, the jury requested transcripts, had questions about venue, and seemed rather eager to go home. Full story:

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US v. Storm: No Verdict in Third Week, Jury Back Monday

The jury requested several documents, had questions about venue, and seemed rather eager to go home.

🚨JUST IN: No verdict today in US v. Storm. The jury is being sent home and deliberations will continue Monday morning.

While you're waiting for the Storm verdict, it may make sense to take some time to understand what the White House outlined on financial privacy in its Digital Assets Report. Hint: it's not pretty. Full story👇

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White House Digital Assets Report Deems Financial Privacy "Primary Money Laundering Concern"

The White House Digital Assets Report asks the Treasury to finalize a rule that would codify all transactions that obfuscate the source of funds as...

We are still awaiting the jury's return with a verdict in US v. Storm. So far this morning the jury has made two requests for clarifications or further information, including a request for documents at around 11:30amET. The jury is deliberating and likely to be at least for another hour, so there's a good chance we will keep waiting. One of their questions sent to the court touched on the grand jury evidence for venue, which is beyond their scope, but perhaps a source of hope for acquittal. 👇

“Privacy became the cover story for Tornado Cash, not the goal,” the prosecution said in closing arguments today. The main question now facing the jury: what was Storm really thinking? Full story👇

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The Storm Jury's Dilemma: Was Crime The Goal All Along?

The prosecution and defense have rested in the trial of Roman Storm. The main question now facing the jury: what was he really thinking?

In a major win for DOJ, Samourai Wallet developers have plead guilty to unlicensed money transmission. The charge had been heavily disputed, described as an unclear application of the law. The developers face fines and up to five years in prison. Full story👇

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Samourai Wallet Developers Plead Guilty To Unlicensed Money Transmission

The developers had reaffirmed their not-guilty plea as recently as last week. Money laundering charges will be dropped as part of the plea.

🚨JUST IN Samourai Wallet developers Keonne Rodriguez and William Hill have notified the court of a change of plea – expected to plead guilty. Hearings scheduled for tomorrow 10:00 and 10.30

Do corporate accounts not work on this protocol or are you all just really fucking lazy reposters

💥 Update: The third week of the trial of Roman Storm kicked off with defense testimony that rebutted government tracing experts, and a Coinbase employee who used Tornado Cash to make a donation to Urkaine. 👇

🚨UPDATE: Chainalysis witness may plead the 5th to avoid self-incrimination following a phone call with the Government. This is after SDNY openly threatened defense witness Tom Schmidt of Dragonfly Capital, allegedly to stop him from testifying.

🚨JUST IN: IRS Special Agent George, tasked with tracing the Government's first witness' funds to Tornado Cash, testifies that he does not know what crypto[.]com is, doesn't know the difference between ERC-20 and ETH

Update from U.S. v. Storm 👇 Roman Storm's defense team has raised the spectre of a mistrial after an FBI tracing expert failed to confirm that the prosecution's first witness' stolen funds had in fact been sent to Tornado Cash.

We're about to start the second full day of proceedings in US v. Storm. Trial observers care passionately about the outcome. Meet Tim Clancy (@_Enoch), who brought a printed copy of the PGP code to court - the document that established free speech protections for code.

Scoop: At Roman Storm's trial, jurors are crying and punching walls. One juror may have to be excused, but the court is concerned that others might follow. "Right now they're being fed with snacks, [...] we're trying to keep them happy."👇

New: US Marshal Service merely holds ~29,000 BTC Here's the full list of holdings obtained via FOIA request:

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BTC Held By The US Marshal Service

In March, we filed a FOIA request for the amount of bitcoin held by the US Marshal Service. Today, we publish the USMS answer to our FOIA request, ...