🚨Prosecution moves to remand Storm to prison. Argument between parties ensues.

SEC Commissioner @HesterPeirce delivered an amazing speech today on financial privacy, which included references to Phil Zimmermann’s Pretty Good Privacy (PGP) and Eric Hughes’ A Cypherpunk’s Manifesto. She stated: “Rather than something to be feared, we should embrace these tools’ ability to help humanity live freer lives without unwarranted financial surveillance. People use these tools for bad purposes too, but treating technology as the villain will impinge on legitimate users’ privacy.”

9:35 am Jury entering! Judge: We begin with the Government. AUSA Gianforti: You have had a front row seat to the world of international crime. Roman Storm knew what he was doing and he made millions of dollars. He found the real money was not in privacy but crime

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.