In today's crypto news, Tornado Cash co-founder Roman Storm's legal team is considering a motion for mistrial related to a government witness’s testimony. Storm, facing severe charges including money laundering and violations of US sanctions, may challenge the admissibility of evidence given by the witness, Hanfeng Lin. Meanwhile, digital asset custodian BitGo has confidentially submitted an IPO registration statement to the SEC, as it aims to go public in the US. The company has surpassed $100 billion in assets under custody. In a positive sign for the industry, cryptocurrency investment products experienced record weekly inflows of $4.4 billion, attributed to the performance of Ether and Bitcoin in the market. Bitcoin reached a peak of $122,000, while Ether surged past $3,500. Year-to-date inflows for crypto ETPs reached $27 billion, with assets under management exceeding $220 billion for the first time, highlighting a strong recovery and investor confidence in cryptocurrency markets.

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