ChainCatcher news, the Trump family's new crypto project World Liberty Financial (abbreviated as WLFI) announced on the X platform that Alexei Dulub, the founder of Web3 Antivirus and PixelPlex, has joined the team as an advisor.According to WLFI's description: "Alexei has been a blockchain pioneer since 2013, building custom L1 and L2 that support today's Web3 projects."It is reported that Web3 Antivirus is an open-source Web3 extension project that prevents crypto scams and wallet losses, while PixelPlex is a provider of blockchain technology solutions and software development.

ChainCatcher message, Alex Lab officially announced on social media an update regarding the theft incident, stating, "We are committed to transparency and user compensation. Starting from June 5, 2024, all ALEX's revenue will be used to compensate users affected by the hacking incident."Previously, ALEX Lab suffered an attack resulting in a loss of $4.3 million and promised to offer a 10% bounty to the hacker for the return of the stolen assets. Since then, they have recovered some of the stolen funds and are considering remedies for the affected users.

ChainCatcher news, the legal dispute of Tornado Cash developer Alexey Pertsev has reached a critical moment as he seeks to raise more funds to address the lawsuit. Last month, a Dutch court announced the refusal to release Alexey Pertsev, forcing him to prepare for further appeals.In addition, another Tornado Cash developer, Roman Storm, will be tried in the U.S. in September, facing charges of money laundering, conspiracy to operate an unlicensed money transmission business, and conspiracy to violate U.S. sanctions laws.

ChainCatcher news, according to DL News, a Dutch court has refused to release Tornado Cash developer Alexey Pertsev, who was sentenced for money laundering, as he prepares to appeal. A spokesperson for the Court of Appeal in The Hague revealed that Pertsev will remain in custody. His defense attorneys Keith Cheng and Judith de Boer argued that Pertsev is not a flight risk and that he needs internet access to prepare for the appeal trial.Pertsev was arrested in August 2022, just days after the U.S. Treasury imposed sanctions on Tornado Cash. He was detained, and prosecutors disclosed his money laundering charges three months later. After eight months in prison, Pertsev was released to house arrest, and he was ultimately released last year under specific conditions. Now, his lawyers argue that the risk of Pertsev fleeing is no greater than it was before.Another Tornado Cash developer, Roman Storm, is set to stand trial in the U.S. in September. He is charged with money laundering, conspiracy to operate an unlicensed money transmitting business, and conspiracy to violate U.S. sanctions laws.

ChainCatcher news, according to RootData, the Alex token ALEX has increased by 52.4% in the last 24 hours, currently priced at $0.13.Additionally, the Web3 asset data platform RootData shows that ALEX is an open-source Bitcoin DeFi platform based on the Stacks blockchain. ALEX brings Bitcoin to users through the following methods: the project launches its token, offers fixed ratings and fixed-term non-liquidation risk lending, advanced DEX (decentralized exchange), deposits tokens to earn interest, and achieves high returns through yield farming.

ChainCatcher message, the South Korean cryptocurrency exchange Bithumb announced that due to STX network issues, the deposit and withdrawal services for STX and ALEX will be suspended.

According to ChainCatcher news, on-chain data shows that Ethereum co-founder Vitalik Buterin transferred 30 ETH, worth approximately $113,000, to Juicebox: Free Alexey & Roman 30 minutes ago. Currently, Juicebox: Free Alexey & Roman has raised about 423 ETH, and the funds will be used to support the legal defense fund for Tornado Cash developers Alexey Pertsev and Roman Storm.

According to ChainCatcher news, based on the latest proposal voting results, Alchemix DAO will donate 15 ETH to the legal defense fund for Roman Storm and Alexey Pertsev (Free Alexey & Roman).It is reported that the two developers, Alexey Pertsev and Roman Storm, who contributed to Tornado Cash, were arrested in different jurisdictions after the OFAC sanctions were implemented in 2022. Their trial in 2024 sets an important precedent for developers, privacy protocols, and the broader crypto industry. Alexey's first trial was held on March 26 of this year (with a verdict and further potential legal actions scheduled for mid-May), while Roman's trial is set for late September.

ChainCatcher message, Bitcoin DeFi platform ALEX announced the upcoming launch of a new page that allows affected users to verify their liquidity provider (LP) positions in preparation for financial grants and asset distribution.Efforts are actively underway to recover assets; aside from 13.8 million STX frozen in major CEX accounts and the attacker's on-chain wallet, other tokens are secure.A report has been filed in Singapore and submitted to 24 major CEXs, with a report also being made in Panama.Additionally, it stated that a financial grant plan will soon be developed to support the affected community. ALEX AMM will gradually reopen, ensuring that safety measures are in place.

ChainCatcher news, according to CoinDesk, Tornado Cash developer Alexey Pertsev has appealed to the s-Hertogenbosch Court after being convicted of money laundering on Tuesday.It may take several months to hold the first hearing. The court did not specify whether the appeal was granted.Previous news, a Dutch judge ruled in the court of s-Hertogenbosch that Tornado Cash developer Alexey Pertsev was guilty of money laundering and sentenced him to 64 months in prison.

ChainCatcher news, Bitcoin DeFi platform Alex announced the discovery of a vulnerability in the XLink bridge and has actively collaborated with exchanges, partners, and ecosystem contributors to address the situation.Most of the funds related to the hacker have been frozen by major exchanges to prevent further abuse. ALEX Labs has identified the responsible party for the recent security breach and has proposed a bounty arrangement to resolve the issue. The ALEX team proposed a 10% bounty on the stolen funds in exchange for the return of 90% of the assets. ALEX guarantees that there will be no further pursuit or involvement of law enforcement after compliance with the conditions. This proposal is valid until May 18 at 08:00 UTC.Previously, it was reported that various tokens from the Bitcoin DeFi application ALEX Lab were stolen, amounting to over $4.3 million.

ChainCatcher message, the South Korean cryptocurrency exchange Bithumb has announced that it has confirmed a security issue with ALEX. As a result, there are concerns that the price volatility of ALEX virtual assets may increase, so please exercise particular caution when investing in ALEX. Additionally, deposit and withdrawal services will be temporarily suspended until stability is restored.

ChainCatcher news, a Dutch judge ruled at the court in Schiedam that Tornado Cash developer Alexey Pertsev was guilty of money laundering and sentenced him to 64 months in prison.The verdict may determine the future trials of other Tornado Cash developers. Other Tornado Cash developers such as Roman Storm and Roman Semenov are also facing money laundering and sanctions violation charges in the United States.Last year, after the United States again placed Tornado Cash on the sanctions watchlist, Roman Storm was arrested. However, in the United States, Roman Storm has not been charged with responsibility for the $1.2 billion money laundering, due to differences in how U.S. and Dutch laws handle individual liability for such alleged crimes.

ChainCatcher News: The U.S. Department of Justice announced that Alexander Vinnik, one of the operators behind BTC-e, pleaded guilty on Friday to charges of conspiracy to commit money laundering. The Department of Justice stated that Vinnik was an operator of BTC-e from 2011 to 2017, during which the exchange processed over 1 million users and transactions exceeding $9 billion.BTC-e was linked to the hack of the now-defunct cryptocurrency exchange Mt. Gox, which was involved in laundering 300,000 bitcoins. BTC-e was shut down in July 2017, at which time Vinnik was arrested for the first time.The Department of Justice added that BTC-e was not registered as a money services business in the U.S., did not implement any KYC or anti-money laundering rules, and did not collect any customer data. Additionally, Vinnik used shell companies to handle BTC-e's fiat currency exchanges.The press release stated that the exchange did indeed obtain funds from criminal activities, including ransomware attacks, hacks, and other schemes, with Vinnik being directly responsible for approximately $121 million in losses.

ChainCatcher news, according to CoinDesk, Dutch prosecutors are seeking a 64-month prison sentence for Tornado Cash developer Alexey Pertsev on charges of money laundering, with the judge set to make a ruling on May 14. The two-day trial took place on Tuesday and Wednesday at the S-Hertogenbosch court and could influence how other local courts treat developers.In an indictment shared by Dutch prosecutors before the trial, it detailed that Pertsev is accused of laundering $1.2 billion worth of cryptocurrency through the anonymous tool Tornado Cash. The indictment states that from July 9, 2019, to August 10, 2022, Pertsev "developed a habit of money laundering."

ChainCatcher news, Bitcoin ecosystem decentralized finance layer Automated Liquidity Exchange (ALEX) has completed a $10 million strategic financing, led by Spartan Capital, with participation from CMS Holdings, DACM, DWF Labs, Foresight Ventures, G-20 Group, Ouroboros Capital, Summer Capital, Cultur3 Capital, and EVG.It is reported that ALEX is creating a Bitcoin-specific decentralized finance layer through Layer2, cross-chain bridges, oracles, and other infrastructure. ALEX plans to use the new funds to continue developing its financial layer on Stacks.

ChainCatcher news, according to official sources, BlockBooster and ALEX have announced a strategic partnership. Both parties will jointly explore incubation and investment opportunities in Bitcoin ecosystem projects and co-organize activities related to Bitcoin ecosystem builders.Blockbooster is a startup studio focused on Asia, dedicated to incubating high-quality projects in the Web3 field, including infrastructure, social, and gaming sectors.ALEX is a Bitcoin-native decentralized finance (DeFi) platform that combines Bitcoin security with Stacks smart contract technology. ALEX aims to build a fast, robust, and programmable financial layer for Bitcoin. In addition, ALEX offers a range of vertically integrated DeFi tools, including but not limited to decentralized trading markets, cross-chain bridges, Bitcoin data oracles, and project issuance platforms, to optimize the DeFi experience for users on Bitcoin.Currently, Alex holds a leading position in TVL on Stacks, and the team will continue to integrate liquidity across all layers of the Bitcoin ecosystem, including all layer one meta protocols and the evolving Bitcoin layer two solutions.