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Tornado Cash
Bitcoin Price Jumps Above $65K; Binance Founder CZ Could Be Released Friday
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as the price of bitcoin climbed above $65,000 in early U.S. trading hours. Plus, Binance founder Changpeng “CZ” Zhao could be released from prison as soon as today and a New York judge ruled that the case against Tornado Cash developer Roman Storm will proceed to trial.

Will Bitcoin Skyrocket If Trump Returns to Office?; WazirX Hacker Moves Stolen Funds to Tornado Cash
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Bernstein research report says that bitcoin is expected to reach new highs later this year if former President Donald Trump returns to the oval office. Plus, WazirX hacker has moved stolen ether to Tornado Cash, and Binance's Indonesia subsidiary has won a full license in the country.

Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting; Alexey Pertsev Denied Bail
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket's probability for former president Donald Trump to retake the White House jumped to an all-time high on Saturday after he was injured from a shooting at a Pennsylvania rally. Plus, Tornado Cash developer Alexey Pertsev was denied bail by a Dutch court on Friday, and Chainalysis releases a new report on money-laundering.

Tornado Cash's Alexey Pertsev Sentenced to 64 Months in Prison; Meme Coins Rally
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Tornado Cash developer Alexey Pertsev was sentenced to 64 months in prison after being found guilty of money laundering by a Dutch judge. Plus, meme coins rally following GameStop's surge, and Coinbase resumes operation after major outage.

Degen Chain Racks up Millions in Volumes; Latest in Custodia Bank's Legal Battle Against the Fed
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as meme coins flourish on Degen Chain, a new layer-3 blockchain built on top of Base. Plus, Roman Storm's legal team filed a motion to dismiss the criminal indictment against the Tornado Cash developer. And, a federal judge has rejected Custodia Bank's argument that it is entitled to a Federal Reserve master account.

Bitcoin's Volatility Continues; Japan Wants New Web3 Rules
"CoinDesk Daily" host Amitoj Singh breaks down the biggest crypto headlines impacting the industry today, including a closer look at bitcoin's (BTC) latest price action after spot bitcoin ETF approvals in the U.S. earlier this month. Some Japanese congressmen want to carve out policies for Web3, according to CoinDesk Japan. And, two Tornado Cash developers have raised over $350,000 for their legal defense fund.

What's Next for Tornado Cash Developer Roman Storm?
Tornado Cash co-founder Roman Storm pleaded not guilty back in September to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion. CoinDesk managing editor for global policy and regulation Nikhilesh De breaks down what's likely next for Storm, as he is set to go on trial in September 2024.

Tornado Cash Developer Roman Storm Will Go to Trial in 2024
CoinDesk managing editor for global policy and regulation Nikhilesh De shares an update on legal developments for Tornado Cash developer Roman Storm, after he pleaded not guilty to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion. Prosecutors allege that he helped bad actors launder over $1 billion in stolen crypto through their work building Tornado Cash.

Tornado Cash Trading Volumes Plunged After U.S. Sanctions: TRM Labs
Overall usage of crypto mixer Tornado Cash dropped 90% following U.S. sanctions, a new report from blockchain analytics firm TRM Labs shows. The U.S. Department of Justice has alleged the service was used to launder more than $1 billion in illicit funds, including by North Korean hacker group Lazarus. Jennifer Sanasie presents "The Chart of the Day."

Could This Vitalik-Backed Protocol Bring Privacy to a Regulated Crypto World?
A new paper from Ethereum’s co-founder and four co-authors including Illum proposes a solution to Tornado Cash’s inability to separate the activity of bad actors from good ones.
