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Tornado Cash Co-Founder Fights to Dismiss Criminal Charges
Roman Storm, co-founder of the controversial crypto mixer Tornado Cash, is pushing to have criminal charges against him dropped. This follows a landmark appellate court ruling that found the actions of the Office of Foreign Assets Control (OFAC) against the platform to be an overreach of authority. Draft Executive Order on Strategic BTC Reserve Finalized
On December 17, the Bitcoin Policy Institute announced the completion of a draft executive order proposing the inclusion of Bitcoin as part of the United States’ strategic reserve assets. The order could take effect immediately upon being signed by President Donald Trump on his first day in office.SEC Shuts Down Office Following Defeat in Crypto Case
The U.S. Securities and Exchange Commission (SEC) will close its regional office in Salt Lake City, and two of its attorneys have resigned. This decision follows the regulator's defeat in court against the mining company Digital Licensing and its DEBT Box project, which began in July 2023. 
OFAC Could Exert Influence on Tether
JPMorgan bank analysts suggest that the US Department of Treasury's Office of Foreign Assets Control (OFAC) may wield certain influence over Tether, the issuer of the USDT stablecoin. For example, it could enforce compliance with sanctions and restrictions regarding various projects, individuals, and nations. 
The SEC faces challenges in hiring crypto experts
In a report dated October 31, the Office of the Ethics Counsel highlighted the issue, noting that “many well-qualified candidates hold crypto assets, which, according to the office’s findings, would disqualify them from working on specific matters related to crypto assets.” 
France's Data Watchdog Investigates Worldcoin
The French Data Protection Agency (CNIL) has conducted inspections at Worldcoin's Paris office due to concerns about the company's biometric data collection practices. Worldcoin, co-founded by ChatGPT CEO Sam Altman, scans users' irises in exchange for a digital ID and the promise of free cryptocurrency. The Worldcoin Foundation, incorporated in the Cayman Islands, has expressed its willingness to undergo the review and affirms its commitment to complying with regulatory requirements. ‘friend’ by MyTabAl Inc.: The Friendship You Can Buy
Loneliness is a universal human experience. It’s tough to overcome that deep-seated emptiness, and feelings of alienation can linger whether you’re at a social gathering, at the office, or at home with family. MyTabAl Inc.'s ‘friend’ is a sleek AI-powered gadget that might fill that gap while you search for your perfect companion. Political Consultant Accused of Faking Biden's Voice
The New Hampshire Attorney General's Office has accused Steven Kramer, a political consultant for the Democrats, of orchestrating the robocalls that utilized artificial intelligence to imitate President Biden's voice. Kramer was employed by Dean Phillips, who is competing against the sitting president in the primary elections. NFTs Won't Affect Copyright Laws
Analysts from the U.S. Copyright Office (USCO) and the United States Patent and Trademark Office (USPTO) suggest that existing U.S. copyright laws don't require adjustments to regulate the non-fungible token (NFT) industry. Instead, they recommend focusing on education and enhancing transparency within NFT products. Polygon Labs Proposes DeFi as Critical U.S. Infrastructure
The legal team at Polygon Labs is advocating for DeFi to be classified as critical infrastructure in the United States, warranting oversight by the Department of the Treasury's Office of Cybersecurity and Critical Infrastructure Protection (OCCIP). 
Joseph Lam Detained Over JPEX Crypto Exchange Links
Hong Kong police have arrested Joseph Lam, a crypto influencer and former lawyer, in connection with the ongoing investigation into cryptocurrency exchange JPEX. Lam, who has over 190,000 Instagram followers, was arrested today and his office was raided. The arrest follows the Securities and Futures Commission's warning against JPEX for misleading statements about its licensing status. The police have received at least 83 complaints involving JPEX, with virtual assets worth about HK$34 million ($4.3 million) reported. 
AI-Powered Botnets Dupe Crypto Users on X
ChatGPT, known for its diverse technological solutions spanning web search, content creation, office efficiency, and education, has taken a dark turn. This seemingly harmless AI chatbot is now being manipulated by fraudsters on social networks to promote crypto scams.