Trendaavat aiheet
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
Jake Chervinsky
Lawyer, but not yours. CLO @variantfund. Board @fund_defi + @blockchainassn. Ex @compoundfinance. Posts are not legal or financial advice.
I never judge a defendant who decides to take a plea, even if they didn't do the crime. It's their liberty at risk.
I assume DOJ saw how terribly bad the Storm trial went for them and offered a sweetheart deal to save face.
Still, a sad and chilling day for software developers.
23 tuntia sitten
🚨JUST IN
Samourai Wallet developers Keonne Rodriguez and William Hill have notified the court of a change of plea – expected to plead guilty. Hearings scheduled for tomorrow 10:00 and 10.30
8,53K
DOJ's theory of liability in the Storm case is basically "did you glance in the direction of a blockchain? crime!"
This trial is nothing but a relic of the Biden admin's war on crypto. Somehow the prosecutors missed the memo that the war is over and the anti-crypto army lost.
26.7. klo 23.43
As of Thursday, in their Rule 29 response, the DOJ is still pushing this theory that Storm, by publishing TC software, provided a "valuable service" to a sanctioned entity because DPRK used the protocol. This flawed principle is limitless: if I make a hammer with no particular end user in mind and somehow that hammer ends up being used by DPRK, I provided them a "valuable service."
But you don't see them going after Apple for the iPhone, Google for its tech suite, etc., even though these tech tools are used by the DPRK. That's because this is a gross distortion of the law.
Back when we @fund_defi @jchervinsky wrote our amicus brief in support of @rstormsf's MTD, we reviewed over 100 sanctions cases and provided the court with a table of them - in every single case there was nexus between the sanctioned entity and the defendant, some evidence the defendant directly connected with the SDN or created a tool *for* the SDN specifically. There was no case - none - where a defendant made a tool with no particular end user in mind and was then convicted of violating sanctions because an SDN ended up with that tool in hand.
16,1K
Jake Chervinsky kirjasi uudelleen
As of Thursday, in their Rule 29 response, the DOJ is still pushing this theory that Storm, by publishing TC software, provided a "valuable service" to a sanctioned entity because DPRK used the protocol. This flawed principle is limitless: if I make a hammer with no particular end user in mind and somehow that hammer ends up being used by DPRK, I provided them a "valuable service."
But you don't see them going after Apple for the iPhone, Google for its tech suite, etc., even though these tech tools are used by the DPRK. That's because this is a gross distortion of the law.
Back when we @fund_defi @jchervinsky wrote our amicus brief in support of @rstormsf's MTD, we reviewed over 100 sanctions cases and provided the court with a table of them - in every single case there was nexus between the sanctioned entity and the defendant, some evidence the defendant directly connected with the SDN or created a tool *for* the SDN specifically. There was no case - none - where a defendant made a tool with no particular end user in mind and was then convicted of violating sanctions because an SDN ended up with that tool in hand.
118,26K
Huge credit to @davidzmorris for covering the Roman Storm trial live in NYC. This case is extremely important for everyone who cares about DeFi, and more than that, about justice and freedom. We're lucky to have David on the ground keeping us all informed 🙏
24.7. klo 04.44
UPDATE in US v. STORM: IRS blockchain tracer Stephan George today testified that he traced 9.7 ETH derived from the defrauding of Hanfeng Lin to Tornado Cash using Chainalysis and TRM Labs tools.
Also, prosecutors indulge in some light heckling of @davidzmorris.
19,94K
Johtavat
Rankkaus
Suosikit