In crypto, companies are often more intertwined and dependent than you would suspect, and, after a while, all of the schemes that brought down firms like Three Arrows Capital, Celsius Network and BlockFi begin to rhyme. Lied and lied to. Genesis’ hole appeared after the collapse of 3AC, itself brought down by the implosion of Do Kwon’s UST stablecoin.
DOJ Disputes Roman Storm’s Characterization of Tornado Cash Operations in New Filing
The DOJ charged Storm, alongside fellow developer Roman Semenov, with conspiring to commit money laundering, conspiring to operate an unlicensed...