Tornado Cash founder "Open-source developers are not protected"

Son Min

Summary

  • Roman Storm warned that open-source developers are exposed to legal risks.
  • He said U.S. law does not clearly protect open-source developers, and there is a possibility of retroactive prosecutions.
  • The ruling highlighted the issue of judicial risk across the crypto industry.

Roman Storm, co-developer of the decentralized finance (DeFi) protocol Tornado Cash, warned of Department of Justice prosecutions of open-source developers.

According to Cointelegraph on the 19th (local time), Storm said, "Open-source developers could be at the same risk as me," asking, "Can you be sure the U.S. Department of Justice will not consider you a money services business (MSB) and prosecute you?" He added, "Current U.S. law does not clearly protect open-source developers, and there is a possibility of retroactive prosecutions."

In August, Roman Storm was found guilty by a jury on one of three charges, the 'conspiracy to operate an unlicensed money transmission business.' The remaining money laundering and sanctions-violation charges ended without a verdict due to a jury deadlock.

The ruling raised new judicial risks for open-source developers and shocked the broader crypto industry.

Jake Chervinsky, general counsel at Variant Fund, said, "If the Trump administration wants to make the U.S. a 'crypto hub,' the Department of Justice should not attempt a retrial on the two charges the jury failed to agree on."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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