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Showing posts from April 28, 2024

Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation

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Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their belief that the definition of “money transmitting” […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VSUYcpx

South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil

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Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steynberg left no will and had no assets that could be inventoried. South African Police Investigate Steynberg’s Reported Death Johann Steynberg, a South African […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VSUYcpx

Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’

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Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a scaling solution. Pacia stated that technical experts lied to the mainstream audience in the blocksize war’s framework, knowing that LN would work “like dog sh*t.” Former Openbazaar […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VSUYcpx