who is buying all the bitcoin when nobody's moving any bitcoin, anon

If you still have an X account, come join us on spaces in 5 minutes to discuss what's happening in Tornado Cash. If you can't, here’s everything you need to know. Storm is charged with conspiracy to commit money laundering, conspiracy to violate sanctions, as well as operating an unlicensed money transmitting business (MTB), facing more than 40 years in prison for developing software. Early discussions focused on whether a non-custodial software tool like Tornado Cash can qualify as an MTB, as it never held control of funds; a prerequisite for qualifying as an MTB. But Storm will not be allowed to use these interpretations of MTB law in his defense. "I really don't want to hear control issues, or there must be fees and 'for profit'," the judge told the defense last week. These issues "are not going to show up in this trial, because they are not." Since the indictment, the Government has announced that it is no longer pursuing that Tornado Cash violated federal registration violations as an alleged MTB – meaning that it is no longer pursuing the theory that Tornado Cash is a financial institution. Neither Storm, nor the defense, will be allowed to mention KYC or AML. And what about the First Amendment? Isn’t writing code protected speech? The judge doesn’t seem to think so. Free speech and privacy rights aren’t going to be discussed. Additionally, all witnesses are banned from using the words legal, illegal, legitimate, and illegitimate. That includes any testimony to the general legality of uses for Tornado Cash, unless they are brought up to refute the prosecution’s evidence. The Government is closing in on the future of privacy, and defending it will be a walk on a tightrope. Link to join 👇 Space will be recorded and streamed on your fav channel @TFTC @Marty Bent if everything works out ✌️ https://x.com/i/spaces/1djGXVPbkVVxZ

Mullvad. Signal. Proton. Tor. In the trial against Tornado Cash developer Roman Storm, the Government is stretching the interpretations of anti-money laundering laws to unprecedented scales. It's theory turns basic features of technology, such as websites, user interfaces and fees paid to conduct transactions on a blockchain into criminal acts, as EFF wrote in their amicus brief. "Under such an expansive reading of both IEEPA’s text and criminal liability more broadly, software developers would be at the mercy of the government’s vast and potentially unbounded discretion," chilling First Amendment activity and discouraging the development of privacy software. This case will decide the future of the Internet.

The Rage

The Trial of Roman Storm and Tornado Cash: The United States vs. Digital Privacy

Prosecutors are stretching the definition of money laundering in their fight against the future.

SDNY Misrepresented CoinDesk Reporter As Tornado Cash Developer In $600M Cash Out Message 👇

The Rage

SDNY Misrepresented CoinDesk Reporter As Tornado Cash Developer In $600M Cash Out Message

"Perhaps the indictment could have been clearer about the origin of the language," the Government states.

Looks like the Government did a major oopsie in what can only be called one of the most incriminating pieces of evidence against Roman Storm. In the indictment, the Government alleges that "[Pertsev] sent a message to STORM and SEMENOV through the Encrypted App, saying 'Heya, anyone around to chat about axie? Would like to ask a few general questions about how one goes about cashing out 600 mil.'" Except that message was never authored by Pertsev - it was written by a CoinDesk reporter and only forwarded by Pertsev to the other TC developers. The defense now demands an investigation of grand jury minutes as it claims that the Government may have misled the court. But the Government maintains that nothing about it’s depiction was misleading, because the message proves that Storm had knowledge of the hack, which is what the prosecution intends to offer it for – “regardless of who actually typed out that message.” As always, all filings discussed are linked in the article so you can form your own view of the situation Send zaps if you appreciate these stories - all money previously raised is going to the reporters on the ground. ya girls gotta eat⚡️

Having a hard time keeping up with everything going on in Samourai Wallet with the Tornado Cash trial coming up, and this case deserves much more attention than I am able to give it atm. Anyone here who: 1) has been following the case closely 2) knows how to use court listener 3) wants to contribute to The Rage? Specifically looking for someone who can go through the filings and highlight what's important, I can edit it into long form. will need some demonstration that you can discern the important info, e.g. via posts you made about it or similar. email me at lola@therage.co, I don't read DMs here 🧡

I know we hate the Xitter but if you guys still have an account over there, come join us for a spaces to discuss the first day of Roman Storm's trial and what's at stake. Next Monday, 7pm Eastern

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The Rage (@theragetech) on X

Roman Storm's trial starts next Monday. Joins us to discuss the stakes. With @valkenburgh @ameensol @EconWithNick @sethforprivacy, hosted by @david...

hey yeah uh where did the mempool go