The official US DOJ signal department contradicts the backdrop for the storm in Rome
The Tornado cash co-founder Roman Storm, found to be guilty of a felony count in August, may be closer to avoiding a possible contraction on further charges following a statement from a Justice Department official.
Speaking at a summit on Thursday in Wyoming arranged by The Organization Advocacy of CryptoCurrency American Innovation ProjectMatthew Galeotti, the Acting Assistant Attorney General for the Criminal Division of the Justice Department, suggested that the department will change its approach to some cases of implementation involving crypto and blockchain.
The DOJ officer said his comments will offer clarity following an April Memo From deputy attorney general Todd Blanche, entitled “end of regulation by prosecution.”
Although the storm is not mentioned by the name, Galeotti cites issues such as his criminal case, suggesting that the Department of Justice will continue “even hand enforcement law,” including some cases involving the allegations of operation of an unlicensed money transmitter business.
“Our perspective is to just write a code, without malice, is not a crime,” Galeotti said. “Changing new ways for the economy is to store and send value and create wealth, without malice, is not a crime. The criminal division is, however, to continue to persecute people who deliberately commit crimes or help and avoid commissions of crimes, including cheating, losses of money, and repairing penalties.”
He added:
“The department will not use federal criminal laws to fashion a new regulation of the digital asset industry. The department will not use indications as a law-making tool. The department should not leave innovators predicted what could lead to criminal prosecution.”
Galeotti’s statement does not mean that the US government will not pursue a storm against the storm for conspiracy to make losses and conspiracy to violate penalties, Charges where a jury has been -deadlocked in August. However, for a Justice Department official to speak open about a change in implementation policies at a cryptocurrency event may signal a different approach to criminal cases involving digital properties in the future.
“Where the evidence shows that the software is truly decentralized and only automate peer-to-peer transactions, and where a third party is unconditional and controlled by user assets, (new charges) are not approved,” Galeotti said, citing the relevant law.
Related: Roman storm’s potential backward pushed back following court extension
Tornado Cash Developer is still in legal jeopardy after testing
The storm was accused of the US in August 2023 for the conspiracy to make money losses, conspiracy to operate an unlicensed money transmitter and conspiracy to violate US sanctions. He is Found to be guilty of conspiracy To operate an unlicensed money transmitter following a four -week trial, while the jury overlap on the other two charges.
The Tornado Cash co-founder is expected to be punished for single as soon as possible, but no hearing is filed at the court docket as a time of publication. Before and through the trial, the storm and his supporters in the crypto industry rewritten Claiming that the “writing code is not a crime” – it is said that Galeotti cried on Thursday.
“If a developer only contributes to the code to an open project resource without a specific intent to assist criminal behavior, help or abate a particular crime, or join a criminal conspiracy, he will not be responsible for the criminal,” Galeotti said. “When it comes to criminal persecution, involvement in the digital asset ecosystem should not and will not be subject to individuals at other levels of investigation.”
The law is technology-neutral (…) the department simplifies things to take responsibility for evil actors while avoiding the persecution of the intolerance of regulatory violations. “
“The storm of Rome was only convicted of this exact charge under this exact condition,” Says Various Chief Legal Officer Jake Chervinsky in a Thursday X post, referring to Galeotti’s statement. “Justice for Roman means collapse of the case.”
The Guide of the Department of Justice, which suggests that the US government will develop a different approach to implementation cases – potentially affecting developers such as the storm – received cheers at the American Innovation Project Summit. The nonprofit organization, which aims to educate policy manufacturers and encourages public advocacy on digital assets, launched on Tuesday.
Magazine: Can privacy in US crypto policy live after convincing Roman Storm?
