🚨 UPDATE: Google has clarified that non-custodial wallets are not meant to be in scope of its Play Store policy in response to our reporting. The policy will be revised accordingly.

🚨 New Google Play Store policy forces AML/KYC on non-custodial wallets in the US, effectively bans non-custodial wallet developers from Play Store in EU Full Story👇

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Google Play Store Bans Wallets That Don't Have Banking License

New Google Play Store policy now requires FinCEN registration, state banking license, or MiCA license for non-custodial wallets.

🚨JUST IN: Parties in US v. Storm ask for exclusion of time on post-trial motions to decide whether prosecution will retry charges Potential motion to retry convicted charge possible

Ethereum Core developer Federico Carrone was arrested at passport controls in Turkey over his contributions to a paper that assessed privacy on Ethereum and Tornado Cash. Full story 👇

The Rage

Developer Arrested Over Tornado Cash Research

Ethereum Core developer Federico Carrone was arrested at passport controls in Turkey over his contributions to a paper that assessed privacy on Eth...

🚨 Ethereum developer working on Zero Knowledge says he has been detained in Turkey

Gmgm, we’re participating in a game called #sathunterz that teaches people how hard it is to crack a bitcoin seedphrase. Follow the hashtag (here and on X), find as many words as you can, and win 800k sats 👇

More post-verdict observations on Roman Storm, including Judge Failla's decision not to detain him ahead of sentencing; and Failla's comments on the path to challenging the Money Transmission conviction.

🚨UPDATE on the verdict:

COUNT 1, MONEY LAUNDERING: NOT UNANIMOUS COUNT 2, 1960: GUILTY COUNT 3, SANCTIONS EVASION: NOT GUILTY

🚨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👇

The Rage

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 ...

💥Is Privacy A Crime? The Trial Against Tornado Cash Developer Roman Storm: Everything You Need to Know We sat down with Amanda Tuminelli, CEO of the DeFi Education Fund, former criminal defense lawyer and party to the case, Taylor Monahan, Security at Metamask and expert blockchain tracer, privacy and FOSS advocate Molly White of Citation Needed, and Ethereum L2 Developer Tim Clancy to discuss what happened at trial and what it means for open source software development. YouTube: Spotify:

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The Trial Against Tornado Cash Developer Roman Storm: Everything You Need to Know

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The Rage is an independent publication covering financial surveillance. Privacy is not a crime. Stay informed: https://therage.co/subscribe

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:

The Rage

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👇

The Rage

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?