- In August 2022, Alexey Pertsev, was detained in the Netherlands on suspicion of money laundering.
- The Metropolitan Detention Center in Brooklyn has received requests for better treatment from his counsel.
- Binance and Bitfinex own the wallets as cold storage locations for Bitcoin.
Co-founders of Twister Money Roman Storm and Roman Semenov were accused by US authorities of conspiring to violate sanctions, launder money, and run an unregistered money-transfer business. While Semenov was detained and then released on bail, Storm was added to the United States list of Specially Designated Nationals and Blocked Persons.
The maximum prison time for the charges is 45 years. In August 2022, Alexey Pertsev, the third co-founder of Twister Money, was detained in the Netherlands on suspicion of money laundering.
Tornado Cash’s turbulence
Sam Bankman-Fried, the founder of FTX, is battling for his freedom while confined to a vegan diet, using up all of his medication, and subsisting solely on peanut butter.
The Metropolitan Detention Center in Brooklyn has received requests for better treatment from his counsel. Bankman-Fried has been given the authority to arrange a meeting outside of jail with his designated group with 48 hours notice.
The mysterious wallets that have amassed $3 billion in Bitcoin in just three months have been uncovered, with Robinhood: Soar Trading custody ranking third among them.
According to reports, Binance and Bitfinex own the wallets as cold storage locations for Bitcoin. Investors in TerraUSD lost $8 million, perhaps as a result of the algorithmic stablecoin crash in May 2022, according to Prime Believef, the parent business of cryptocurrency custodian Prime Believef.
A Pepe whale takes advantage of a dip opportunity and purchases $529K worth of tokens after the meme coin’s value fell by around 15% as a result of recent improvements to a multi-sig wallet and worries about possible developer manipulation. The total market capitalization is $1.05 trillion.
