U.S. prosecutors’ money transmitter definition in its case against Roman Storm could set a “dangerous” precedent for internet freedom, says one commentator.
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”
The United States’ arguments to forge ahead on its case against crypto mixer Tornado Cash and developer Roman Storm show a “disdain for privacy” and include a few “egregious statements,” says DeFi Education Fund legal chief Amanda Tuminelli.Tuminelli highlighted on X one section where the DOJ said Storm argued that “misconduct through computer software is absolutely protected” and that crypto was “inherently beyond the reach of law enforcement.
“This is simply not what Storm argued in his motion,” Tuminelli wrote. “It is difficult to imagine how this is not intentionally misleading.” Tuminelli also slammed prosecutors for not understanding “how immutable smart contract protocols work” as the filing alleges Storm and co-founder Roman Semenov “could have done something about” the alleged unlawful activity on Tornado Cash “but they chose not to.
“ literally paid for gas for users,” Shapiro wrote. “Does it definitely constitute ‘money transmission’ under law? We’ll find out, but at minimum it’s closer to the line.”Woman accused of $6B scam, China loophole for Hong Kong Bitcoin ETFs: Asia Express
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘No obvious signs' of entry into vault in multimillion-dollar cash heist in SylmarThere were 'no obvious signs' of forced entry into vault in massive cash heist from Sylmar warehouse, police say.
Read more »
Tornado Watch vs. Tornado Warning: Here's what to knowTips on preparing for tornado and what to do if there is a tornado warning and severe storms in your area.
Read more »
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering AllegationsNikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
Read more »
Arrested Tornado Cash dev Roman Storm motions to drop 'fatally flawed' chargesThe motion to dismiss points out that Storm relinquished control of Tornado Cash four months before the alleged criminal conduct even began.
Read more »
Tornado Cash co-founder requests dismissal of money laundering chargesIn a recent court filing, lawyers representing Roman Storm, the co-founder of Tornado Cash, have filed a motion to dismiss the money laundering charges against him.
Read more »
Advocacy groups warn of ‘adverse repercussions’ for crypto in case against Tornado Cash co-founderThe Blockchain Association, Coin Center and DeFi Education Fund pushed back against many of the claims the U.S. government made regarding Tornado Cash.
Read more »