Tornado Cash Developer in the US was declared guilty that serious concerns

In the United States, New York, Roman Storm, a developer at the Open Source Tornado Cash, established in Ethereum, was guilty this week. THE wild: Conspiracy to carry out unauthorized money -service activities.

The background of judgment and money movements

Tornado Cash is a cryptomixer, a device that combines the trail of crypto transactions, making it more difficult to detect the cash flow. According to the American authorities, this was used by criminals for money laundering, while the defense of Storm emphasized that the code was decentralized and public, and he did not check what it was used for.

The contrast to the situation is increased by the fact that Fincen, a regulator who is responsible for the American financial legislative enforcement and licenses, has previously stated that assets that make independent storage possible, that transferring value to cryptocurrencies, are not eligible if cash transfers and therefore not fall under the relevant regulations.

All this happened eight months after an American president of Bitcoin and Cryptocurrency took office, and after the Ministry of Justice said they did not want to force criminal procedures to force the regulation or to bring lawsuits against the cryptomixers.

The story therefore shows serious hypocrisy and contradiction. Although the US government publicly emphasizes the importance of Bitcoin and independent storage, it continues to limit the private sector and the expansion of compulsory customer identification (KYC)-for example by the genius law law, for the time being “only” to stable coins.

The demand for a private sector is now suspicious of the authorities. According to some of the crypto community, decision makers cannot be taken with a real alliance, and in addition to the path of enforcement, even civil disobedience can be a means of retaining freedoms.

Referring to the rights of the US Constitution, many believe that new laws or politicians are not obliged to retain financial freedom. And if the system still ignores these rights, the system itself must be ignored.

Prior to the current judgment, the office of the public prosecutor had previously presented evidence that Storm had moved millions of dollars by Binance, of which he referred to his companions, and tried to hide the origin of money with offshore companies and real estate property.

This section strengthens the seriousness of the case and complements the material basis of the judgment section.

Private v.

Although the case of Roman Storm was in the American court, his lesson is worldwide. Data protection and anti-private regulations trends are rarely stayed within the boundaries of a country: what is happening today in the United States can also appear in the EU over time and can have an indirect effect on Hungary. Restrictions on cryptomixers and transaction -anonymity have already been in the agenda in different countries, and decision makers often take steps in the name of law enforcement that points to digital financial control.

Various industrial players and law enforcement organizations dispute the righteousness of the judgment. Their arguments include that
– There is a contrast between previous elements of state communication (such as developer tools and self -preservation) and the message of the current procedure;
– the legal equality between Open Source, decentralized software development and money transfer service creates uncertain limits;
– Expanding the responsibility of developers to “cool” the software for later use for later use independent of the software (chilling effect) to open the devices of the private sector.

Others, on the other hand, believe that the action against money laundering and fines is a state spending, and if an aid makes the infringement easier, it is justified to be a stricter standard liability.

The case has caused strong emotions in American cryptocopia, and many say that the rehearsal of the rule of law and others say the attack on liberties.