The DEFI Education Fund, an eminent Crypto policies defense, called on the Trump administration to intervene in what it describes as the “lawless laws” of open source software developers.
The call focuses on the current affair against Roman Storm, co-founder of Tornado Cash, a decentralized cryptographic mixer.
In a letter dated April 28 and addressed to the White House cryptography advisor, David Sacks, the group urged President Donald Trump to interrupt what he called a campaign from the Biden’s era (DoJ) that unjustly targets software developers.
Roman Storm has been charged with an alleged role in the whitening of 1 billion cryptography
Storm was charged in August 2023 for pretending to help laundering over a billion dollars in tornado cash.
His trial is scheduled for July, while his co-founder, novel Semenov, generally remains, apparently in Russia.
The DEFI Education Fund maintains that developers’ holding is criminally responsible for the way others use their open-source code is a dangerous precedent.
“It is not only absurd in principle,” said the letter, “but it establishes a precedent which is potentially frightened all the development of cryptography in the United States.”
The group also said that the Actions of the DoJ are in conflict with the previous directives of the Financial Crimes Enforcement Network (Fincen), published during Trump’s first mandate.
These guidelines have said that developers of the self-sufficient protocols between peers are not considered to be money issuers and should not be subject to such regulations.
“This type of legal environment is not content to cool innovation – it freezes it,” warned the letter. “It strengthens politically motivated application and puts each open source developer in danger.”
Supporters of the petition include industry leaders such as the co-founder of Coinbase Fred Ehrsam, the co-founder of ParadigM Matt Huang and the basic developer of Ethereum Tim Beiko. At the time of writing this document, 232 signatures had been collected.
The DEFI Education Fund welcomed Trump for his pro-Crypto position and his commitment to position the United States as a global hub for digital assets.
But the group stressed that such objectives will be impossible to achieve if the developers are faced with criminal proceedings to build non -guardian tools.
The legal director of the Variant Fund, Jake Cervinsky, echoes the feeling, judging the Doj’s file against Storm “an exceeded vestige of the war of the Biden administration against the crypto”.
“There is no justification in law or in politics to continue software developers for the launch of non -guardian intelligent contract protocols,” said Dearvinsky.
The DoJ files charges against tornado cash developers
The United States Ministry of Justice charged Storm and its colleague Roman Co-founder Semenov in August 2023, accusing them of helping to whiten more than a billion dollars in cryptocurrency, including funds related to the North Corean Lazarus pirate group.
Semenov, a Russian national, remains a fugitive. The third co-founder of Tornado Cash, Alexey Pertsev, was arrested in the Netherlands in August 2022 and is currently in prior detention.
In 2022, the US Treasury OFAC sanctioned the tornado money, citing its role in activating anonymous cryptocurrency transactions.
The agency has acted after Tornado Cash has facilitated more than $ 7 billion in virtual currency of more than $ 7 billion since 2019.
The sanctions targeted the torade in cash so as not to have implemented solid controls against improper use by cybercriminals.
Despite its public accent on privacy, the platform has been used several times to whiten the product of cybercrime.
The Post-Defi lobby urges Trump Admin to interrupt the pursuits of Tornado Cash developer appeared first on Cryptonews.
