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The Storm conviction is unacceptable in “the crypto capital of the world.” Here are the necessary steps to right this wrong and protect software developers:
1) DOJ must accept the jury’s refusal to convict on money laundering and sanctions, and must not retry the case
2) DOJ must dismiss the Section 1960 charge, or else Roman must be pardoned
3) Congress must amend Section 1960 to clarify that money transmission requires control of funds and does not apply to the developers of non-custodial software
There is no greater threat to crypto than DOJ’s misguided war on developers, which started under Biden and must stop under Trump. This battle may have been lost, but the war will be won.
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