Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Roman Storm’s trial is set to enter closing statements next week; 35 publicly traded companies now hold at least 1,000 BTC each, and a sudden drop in Bitcoin’s price has triggered $700 million in liquidations over the past 24 hours.
Defense attorneys representing Tornado Cash co-founder and developer Roman Storm will reportedly rest their case sometime next week, sending the matter to the jury.
According to reporting from Inner City Press on Friday, Judge Katherine Failla said she expected to hear closing statements from prosecutors and Storm’s legal team on Tuesday or Wednesday. The timeline gives the Tornado Cash co-founder roughly five days to present his defense in court.
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