SEC views Ether as a security, DOJ slammed in Tornado Cash case

Rise’n’Crypto

Today’s episode contains some of the most important crypto stories, not just in the past 24 hours but in all of crypto history. This isn’t hyperbole — while Bitcoin is quiet, the U.S. Department of Justice is being slammed for its case against Tornado Cash and its founders. The U.S. SEC and its Chair Gary Gensler may have determined Ether is a security at least a year ago without making it public. And a North Korean hacking group has laundered over $200 million in stolen crypto since 2020, according to a 15-month investigation by ZachXBT.
Further reading:

• Bitcoin price battles for $63K support amid warning bulls ‘complacent’
• Worst month since 2022 bear market? 5 things to know in Bitcoin this week
• DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer
• SEC and Gensler believed Ether was security for at least a year
• Lazarus Group laundered over $200M in hacked crypto since 2020

References:

• How Lazarus Group laundered $200M from 25+ crypto hacks to fiat from 2020–2023

So, grab yourself a coffee, and let’s get into it!

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.
Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com
The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.