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Neeraj K. Agrawal
comms @coincenter—the cryptocurrency policy think tank | neeraj@coincenter.org | food account/retirement pasture: @neerajkafood
"With that incredibly broad legal theory of what transmission is. . . basically everyone in crypto, everyone in DeFi, is effectively doing money transmission"
21 tuntia sitten
NEW - The Criminalization of Privacy: Tornado Cash Guilty Verdict Analysis 🏛️
@coincenter Executive Director @valkenburgh in conversation with @frankcorva on the @rstormsf conviction + implications for financial surveillance and open source development.
00:00 - Introduction
01:48 - Legal Analysis - Unlicensed Money Transmission
06:01 - Appeal Prospects
11:48 - Samurai Developers' Plea Deal Legal Implications
15:50 - Jurisdictional Reach of the Southern District of New York
22:51 - Blockchain Regulatory Certainty Act (BRCA)
27:55 - Surveillance Concerns in President's Working Group Report
38:17 - Support from SEC Commissioner Hester Peirce
42:04 - Digital Identity and the Future of Privacy in Crypto
45:16 - Closing Remarks on Roman Storm
4,5K
Neeraj K. Agrawal kirjasi uudelleen
The Tornado Cash verdict is in and @valkenburgh, executive director at @coincenter, helped me understand its implications.
The U.S. is at a crossroads regarding P2P rights, and what happens next will determine whether Bitcoin and crypto will actually flourish here or not.
37,61K
Neeraj K. Agrawal kirjasi uudelleen
NEW - The Criminalization of Privacy: Tornado Cash Guilty Verdict Analysis 🏛️
@coincenter Executive Director @valkenburgh in conversation with @frankcorva on the @rstormsf conviction + implications for financial surveillance and open source development.
00:00 - Introduction
01:48 - Legal Analysis - Unlicensed Money Transmission
06:01 - Appeal Prospects
11:48 - Samurai Developers' Plea Deal Legal Implications
15:50 - Jurisdictional Reach of the Southern District of New York
22:51 - Blockchain Regulatory Certainty Act (BRCA)
27:55 - Surveillance Concerns in President's Working Group Report
38:17 - Support from SEC Commissioner Hester Peirce
42:04 - Digital Identity and the Future of Privacy in Crypto
45:16 - Closing Remarks on Roman Storm
229,95K
What it means. The money transmission charge was key. This is a huge loss for for the developers of non-custodial software.
7.8. klo 00.37
So it sounds like no verdict on money laundering (gov't could possibly re-prosecute). Guilty on conspiracy to transmit money, and not guilty on conspiracy to evade sanctions.
Happy about 1 and 3. The money transmission charge was inappropriate from the start and the way the legal rulings went down last winter may have doomed the outcome with a jury that can only find facts. This needs to be appealed, and Coin Center will do everything to make sure the judge gets the law right the next time around.
31,42K
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