Crypto Court Fight Not Over As Prosecutors Seek Retrial For Roman Storm
The US Treasury told Congress this month that crypto mixers have legitimate uses — including protecting consumer privacy. Related Reading: Crypto Funding Soars 50%, But Most Startups Are Getting Shut Out: Analysts Days later, federal prosecutors in Manhattan moved to put the man who built one of the most-used mixers back on trial. A Split […]
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Roman Storm, founder of the Tornado Cash privacy tool, has warned that open-source developers may face retroactive criminal risk from US prosecutors for building non-custodial finance software. Related Reading: Moscow’s $376-B Crypto Milestone Puts Russia Ahead Of Europe His message has echoed through the crypto community as his own legal fight moves forward. Reports have […]
Despite evidence which has surfaced since the first of Ross Ulbricht's two trials was concluded, a federal judge in New York has denied Ulbricht's attorneys requests for a retrial. Judge Katherine Forrest felt that Ulbricht's guilt was overwhelmingly proven by the prosecutors and that a retrial is unnecessary, apparently considering the actions of DEA Agent Force, who prosecutors now say knowingly laundered bitcoins through BitStamp among other crimes, unrelated. Also read: DEA and Secret Service Agents Steal Bitcoin from Silk Road. Instead, she believes that the actions of Agent Force are....
It has been nearly a year since Ross Ulbricht was convicted in all seven charges filed against him for his substantial role as the figurehead in the running of Silk Road, the infamously anonymous dark web drug marketplace. Now, his defense is filing to appeal. Their strategy is to seek a retrial by citing a long stack of abuses by the prosecutors and the court while convicting Ulbricht. The defense will argue that the court prevented crucial evidence from seeing the day of light. In particular, the evidence and information surrounding two corrupt federal agents who were involved in the....
The convicted Silk Road founder Ross Ulbricht is currently seeking a retrial based on the assumption that he was denied his fifth amendment right. Last month, the 29-year old internet entrepreneur was found guilty of charges related to his active involvement in running Silk Road - an online drug marketplace. He was also held guilty for executing computer hacking conspiracies, and committing narcotics trafficking and money laundering. In its motion filed in New York federal court, Ulbricht's defense however accused the government of failing to "provide exculpatory material and information....
According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service.