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Bankless: Is Coding a Crime? Roman Storm Tornado Cash Verdict

Summary

Roman Storm walked away acquitted on money-laundering and sanctions-evasion counts but was nailed for unlicensed money transmission, setting off a major head-scratch for every non-custodial crypto dev out there. Peter Van Valkenburgh (Coin Center) and David Morris (The Rage) unpack the fine line between FinCEN guidance and DOJ enforcement, lay out three clear appeal routes (hello, Blockchain Regulatory Certainty Act), and tease how Storm’s case could become the spark for new financial-privacy laws.

Off the legal track, David delivers the inside scoop on jury drama, witness fireworks, and the touching moment Storm rushed to his daughter in the courtroom. They dive into why this verdict feels like both a wake-up call and an opportunity, explore what Congress and the next administration might do, and predict how DeFi, privacy tech, and open-source innovation could be reshaped for years to come.

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