Crypto currencies were not seriously taken by US officials. Ftx In the collapse of political anger, implicit negative approach was replaced by clearly legal attacks. At the point we have reached today, there has been a new development that would satisfy crypto currency investors and old investors in this field. The US Department of Justice will no longer go after developers.
US Department of Justice and Crypto Coins
Matthew Galeotti, Deputy Chief Public Prosecutor of the Ministry of Justice, announced today that they would reject similar charges in the future a few weeks after the decree of the Tornado Cash.
Yeni If the evidence shows that the software is not really central and that it only automatizes transactions between the spouses and that a third party does not have custody and control over user assets, new accusations against a third party will not be approved.
If there is a criminal intent, other charges may be appropriate. ”
Speaking at the American Innovation Project Summit in Wyoming, the authorized crypto currencies clearly gave the message that the story/philosophy, which forms the basis of privacy, automatic transactions and proves, will be respected.
Freedom to Open Source Software
A developer crypto currency When developing a protocol or a normal web -based software, it can be broadcast as open source. Other developers support this application without knowing who they are the first to develop, and the formed community enables the public development. Tornado Cash was such a thing.
Besides Tornado it was only developed to respond to individuals’ confidentiality concerns in transfers. However, the use of this for malicious purposes, that is, to launder crime income, was not the crime of developers, Roman Storm. But he was found guilty and a name from the Ministry of Justice came out today after weeks.
Defi Amanda Tuminelli, the Executive Director of the Training Fund, said;
“The Ministry of Justice acknowledges that software developers should not be responsible for abuse of third parties, confirms what we have been defending for years.”
It is very important for the Ministry of Justice to gain such a perspective, albeit late, and expands the personal field of developers. Of course, this is completely concerned with the applications of the protocol without decentralization. Intentionally developing criminal tools, such as a protocol used for phishing purposes, or those who develop different pests will pay the price if they are anonymous.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
