Cheyenne Ligon

Cheyenne is a features and opinions editor at CoinDesk. Previously, she covered U.S. policy and regulation, with a focus on court proceedings and crime. She was part of the Gerald Loeb award-winning team that chronicled the downfall of FTX's Sam Bankman-Fried. She has no significant crypto holdings.

Cheyenne Ligon

Latest from Cheyenne Ligon


Policy

Roman Storm Trial: Is Coding A Crime? The Tornado Cash Court Battle Intensifies

Over the last several trial days, the government laid out its case that Roman Storm could have changed the Tornado Cash protocol to make it less attractive to cyber criminals, but chose not to.

A protestor stands outside the Manhattan court where Tornado Cash developer Roman Storm is being tried for money laundering and sanctions evasion (CoinDesk/Cheyenne Ligon)

Policy

Defense Raises Possibility of a Mistrial Over Allegedly Misleading ‘Victim’ Witness Testimony in Roman Storm Trial

The victim of a pig butchering scam told the jury that her money flowed through Tornado Cash — but several blockchain sleuths have pointed out that it didn’t.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

DPRK-Linked Hacks Drive Potential Record Year for Crypto Thefts, Chainalysis Says

Hackers have already stolen $2.17 billion from crypto companies this year, more than was swindled throughout the entirety of 2024 — and it’s only July.

North Korean Leader Kim Jong-Un (Getty Images/Contributor)

Policy

Hack ‘Victims’ Say Tornado Cash Offered No Help in the Wake of Exploits: Day 2 of Roman Storm Trial

Tornado Cash developer Roman Storm told one victim’s lawyer that he couldn’t do anything to retrieve the funds given the decentralized nature of the protocol.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

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Policy

Legitimate Privacy Tool or Dirty Money ‘Laundromat’? Lawyers Debate Role of Tornado Cash on Day 1 of Roman Storm Trial

Storm’s lawyers say their client had nothing to do with the criminals using Tornado Cash. Prosecutors say he was capable of stopping them, and chose not to.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

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Jury Seated for Tornado Cash Dev Roman Storm's Trial

Opening arguments are set to begin shortly.

Tornado Cash's Roman Storm, second from left, and his legal team – Brian Klein (left), Keri Axel and Kevin Casey – outside court in New York. (Nikhilesh De/CoinDesk)

Policy

U.S. Banking Regulators Issue Crypto 'Safekeeping' Statement, Not Pushing New Policy

The federal agencies that oversee the U.S. banking system put out some guidance on properly keeping customers' crypto assets.

U.S. Federal Reserve Board in Washington (Jesse Hamilton/CoinDesk)

Policy

Right to Code? Tornado Cash Dev Roman Storm's Money Laundering Trial Kicks Off Monday

If convicted on all three charges, Storm faces a maximum sentence of 45 years in prison.

Tornado Cash's Roman Storm, second from left, and his legal team – Brian Klein (left), Keri Axel and Kevin Casey – outside court in New York. (Nikhilesh De/CoinDesk)

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Policy

Robinhood Probed by Florida AG’s Office Over Allegedly ‘Deceptive’ Crypto Pricing Claims

The Florida Attorney General said there is evidence that crypto trading on Robinhood is actually more expensive due to its payment for order flow (PFOF) model.

Robinhood app (Getty Images/Cheng Xin)

Policy

OFAC’s Dropped Sanctions Against Tornado Cash Can’t Come Up at Trial, Judge Says

Barring what she described as a “unicorn” piece of evidence that would force the discussion of the now-illegal sanctions, District Judge Katherine Polk Failla said no to sanctions talk at trial.

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