Arkham Intelligence’s token, ARKM, is up more than 16% on the news, according to CoinGecko.
Despite the ruling, Tornado Cash developer Alexey Pertsev remains in custody on money laundering-related charges.
CLS Global admitted to helping wash trade and manipulate the market for a token made by the FBI designed to draw in those engaged in fraudulent crypto activities.
US President Donald Trump has followed through on his promise to pardon Ross Ulbricht, the founder of the online drug market Silk Road, who was imprisoned for over a decade.