洗钱指控

The U.S. prosecution expects to complete its evidence presentation in the Roman Storm case by July 25

The criminal trial of Roman Storm, co-founder of Tornado Cash, at the U.S. District Court for the Southern District of New York has entered a critical stage.

Reports indicate that during the fourth day of the trial on Thursday local time, key witnesses such as FBI agents testified, providing details and evidence related to the investigation of Storm.

However, due to the complexity of legal arguments and uncertainties regarding witnesses and evidence, the prosecution anticipates completing all evidence presentation by July 25.

Currently, Storm faces three felony charges, including conspiracy to launder money, operating a money transfer business without a license, and violating U.S. sanctions law, which could result in a maximum of 45 years in prison if convicted.

As the prosecution's evidence presentation nears its conclusion, the case is set to reach an important turning point, with the defense team planning to call witnesses such as technical experts and privacy advocates to argue that Tornado Cash, as an open-source tool, is technically neutral and that cryptocurrency privacy services are necessary for protecting specific user groups.

It is noteworthy that the uniqueness of this trial lies in its potential to set a key judicial precedent; although the presiding judge recently dismissed the defense's motion regarding the invalidity of certain evidence, he allowed the defense to argue the constitutional controversy of "code as speech."

Legal experts point out that regardless of the final verdict, this case will leave a profound mark on the history of cryptocurrency development, with implications that may extend far beyond Tornado Cash itself and directly relate to the framework definition of compliance boundaries for future blockchain privacy technology development.

Currently, the case is progressing according to established procedures, and it is expected that after the prosecution's evidence presentation concludes, the defense will immediately initiate the witness subpoena process, with the entire trial expected to last 3-4 weeks.

#TornadoCash #洗钱指控

$BTC

$ETH

$BNB

Attention⚠️Attention⚠️

Revealing the secrets of virtual currency transactions:

How to avoid becoming an innocent person in the money laundering storm?

Essential analysis of virtual currency transactions and money laundering risks:

• Clarifying misunderstandings: virtual currency is not synonymous with money laundering

• Equating virtual currency transactions with money laundering is a misunderstanding.

Money laundering crimes only occur when transactions involve illegal proceeds and are intended to conceal their sources.

The key lies in the definition of illegal proceeds.

The essence of money laundering and the currency circle model:

• Money laundering is the process of legalizing illegal funds, including currency issuance, market manipulation, and money laundering using stablecoins (such as USDT).

Strategies to prevent money laundering risks:

• Stay vigilant: Be wary of abnormally low-price transactions and avoid greed traps.

• Legal and compliant: Choose a regulated platform, abide by local laws, and reject illegal financial activities.

Policy status and outlook:

• The Civil Code protects legal digital asset transactions, but the country is cautious about cryptocurrencies, emphasizing financial risk prevention and crime crackdown.

Case warning:

• There are frequent cases of illegal activities in the currency circle, involving cash withdrawal, money laundering, gambling, fundraising fraud, etc. These behaviors are severely punished by law, reminding investors to abide by the law.

In the face of risks in the field of virtual currency, we should remain rational and vigilant.

Legal and compliant transactions and paying attention to legal changes are the key to protecting our own rights and interests and staying away from illegal activities.

#MtGox钱包动态
#新币挖矿DOGS
#杰克逊霍尔年会
#美联储何时降息？
#洗钱指控