US Court Reverses Tornado Cash Sanctions in Groundbreaking Crypto Ruling

Court challenges OFAC’s authority to blacklist Tornado Cash, responding to appeal from six users claiming blockchain transactions are traceable. Developer Pertsev’s March 2024 defense fails as court cites insufficient protective measures against protocol misuse. Sanctions reversal signals potential regulatory shift favoring privacy tech, despite initial $455M North Korean laundering concerns. After a careful look at…

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Bankman-Fried’s Parents Seek Trump Pardon for Son’s 25-Year Sentence

Sam Bankman-Fried’s parents, both Stanford Law professors, are lobbying Trump’s network for a presidential pardon after his 25-year fraud sentence. Trump’s history of granting clemency, including Ross Ulbricht’s recent pardon, has fueled speculation about Bankman-Fried’s chances. As Trump embraces crypto, Bankman-Fried’s connection to digital assets could factor into his parents’ clemency efforts. ’s parents, both…

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Tangem Wallet Wins US Patent for Secure Private Key Transfer

The patented technology enables seamless private key transfers through untrusted intermediaries while maintaining top-tier security protocols. Users can now create backup authentication devices instead of managing private keys directly, revolutionizing crypto asset self-custody. Despite past controversies in key backup solutions, Tangem’s patent marks a significant step toward broader cryptocurrency adoption. The United States Patent and…

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