The Biden-Garland DOJ went after Roman for writing neutral code that criminals used for their own criminal purposes - true of literally every product from cars to phones. This case is a serious threat to innovation. Time to shut down the Biden-Garland war on crypto.
Eleanor Terrett
Eleanor Terrett7.8. klo 05.02
🚨NEW: SDNY Acting U.S. Attorney (and former @SECGov Chair) Jay Clayton issued a statement following Roman Storm’s conviction, praising the prosecution team after securing a guilty verdict for operating an unlicensed money transmitting business. “The speed, efficiency, and functionality of stablecoins and other digital assets offer great promise, but that promise cannot be an excuse for criminality,” Clayton said, adding that criminals committing age-old crimes like money laundering undermine the many innovators who operate lawfully.
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