Coin Center’s Seven Takeaways from the Storm Verdict: ▪️ 1. The sole conviction—unlicensed money transmission (18 U.S.C. § 1960)—turns mainly on legal/regulatory interpretation (“does this count as money transmission?”), not jury fact-finding. ▪️ 2. The court, at the motion-to-dismiss stage, discounted FinCEN’s stated guidance on what counts as “money transmission” in crypto and treated the category as broader than “control of customer funds.” ▪️ 3. With “money transmission” defined that broadly, the jury’s room to decide facts was narrow; the court’s interpretation largely dictated the outcome. ▪️ 4. DOJ’s prior “end regulation by prosecution” memo didn’t fully resolve §1960 issues left things open for continued prosecution; the DOJ dropped the failure-to-register theory but not the “knowingly transmitting criminal funds” theory. Coin Center’s view: both hinge on “transmitting” and are improper against developers excluded by FinCEN guidance. ▪️ 5. The BRCA (Blockchain Regulatory Certainty Act), now attached to CLARITY and passed by the House, would confirm that non-controlling developers aren’t money transmitters. It can’t help Roman retroactively, but the Senate should pass it in upcoming market-structure debates. ▪️ 6. Coin Center fellow Michael Lewellen is suing DOJ for a declaration that publishing/maintaining his software isn’t unlicensed money transmission. Coin Center will continue supporting this effort to correct the legal interpretation. ▪️ 7. Coin Center is sorry Roman faces sentencing on a theory that contradicts the regulator’s guidance. He should appeal the denial of his motion to dismiss; Coin Center will assist however possible.

Some thoughts on peanut butter, watermelon, and the importance of financial privacy:

Say HeyPal to our latest provider, PayPal! You can now on and offramp directly to your PayPal account using ZKP2P in 7 different currencies, with ~$60K liquidity ready to be used.

🚀 The first @Kleros_io v2 dispute with hidden votes via @ShutterNetwork has just been auto-revealed on Arbitrum! Now with a seamless 1-step UX, no more 2-steps commit-reveal. The process is permissionless, anyone can retrieve the decryption key from the Shutter network once the commitment period duration has passed and reveal the votes. 🗳️ Coming more generally to the other v2 courts soon!

Here we report on the progress of the leading builders in the ZK @ethereum ecosystem, documenting recent significant releases, technical breakthroughs and general updates ‍Featuring: @Starknet, @StarkWareLtd, @zksync, @0xPolygon, @taikoxyz, @Scroll_ZKP, @LineaBuild, @ZircuitL2, @MantaNetwork, @aztecnetwork, & @HelloTelos 👇

Ep. 567 Joe Andrews | Decentralized Applications with Encryption on Aztec — — — For episode 567 of the BlockHash Podcast, host Brandon Zemp is joined by Joe Andrews, Co-founder & President of @aztecnetwork. Aztec is a fully programmable private ZK-rollup on Ethereum enabling developers to create decentralized applications with encryption and scale. ⏰ KEY HIGHLIGHTS (4:03) Aztec in 2025 (6:00) Aztec Roadmap (8:05) Aztec’s role in Privacy Onchain (12:50) Aztec ecosystem applications (16:30) Balancing Privacy and Compliance Onchain 🎥 WATCH/LISTEN NOW 🔗 Spotify: 🔗 Apple Podcasts: 🔗 Amazon Music: 🔗 YouTube: #BlockHashPodcast #AztecProtocol #AztecNetwork #Web3 #Podcast

vibecoded an on-chain feedback exchange & management system for teams using @StatusL2 , @Waku_org & @Codex_storage here's a 3 min demo of how 'Feedblock' works 🫶

We created a hands-on tutorial so you get to implement plonk from scratch!

ZK Hack Meetup is coming to NYC! 🚀 August 17th, drop by to connect and hear talks from @AleoHQ, @reclaimprotocol, and more!