Challenges in Jail: Sam Bankman-Fried, Tornado Cash Arrest, and Bitcoin Whale
This week, Tornado Cash co-founders face charges of money laundering and sanctions violations, Sam Bankman-Fried struggles in jail, and a Bitcoin whale holding $3 billion is identified. The charges against Tornado Cash co-founders Roman Storm and Roman Semenov carry a maximum sentence of 45 years in prison. Bankman-Fried is having a tough time behind bars, with limited access to medication and a vegan diet. The mystery of the third-largest Bitcoin wallet, which accrued $3 billion in just over three months, has been solved. The wallet belongs to Robinhood: Jump Trading Custody.
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