The Rage is an independent publication covering financial surveillance. Privacy is not a crime.
"The worst outlet in crypto" – Udi Wertheimer
Stay informed 👉 https://therage.co/subscribe/
Gmgm, we’re participating in a game called #sathunterz that teaches people how hard it is to crack a bitcoin seedphrase.
Follow the hashtag (here and on X), find as many words as you can, and win 800k sats 👇
More post-verdict observations on Roman Storm, including Judge Failla's decision not to detain him ahead of sentencing; and Failla's comments on the path to challenging the Money Transmission conviction.
🚨JUST IN
Jury in trial against Roman Storm says it's deadlocked on some charges. Court asked jury to reconsider – if deadlock remains, the court will accept a partial verdict. Government may re-try remaining charges.
How many hops makes a criminal?
Today the jury asked whether sanctions also apply to intermediary addresses between a sanctioned wallet and Tornado Cash.
An important question, as there seems to be quite a few intermediaries in the Government's tracing testimony.
Full story 👇
Jury deliberations continued today, with prosecution and defense waging trench warfare over every word and document that might shape the verdict.
Today, one question from the jury took both legal teams nearly two hours to address 👇
"We should take concrete steps to protect people’s ability not only to communicate privately, but to transfer value privately," says SEC Commissioner Hester Pierce.
Full story👇
💥Is Privacy A Crime?
The Trial Against Tornado Cash Developer Roman Storm: Everything You Need to Know
We sat down with Amanda Tuminelli, CEO of the DeFi Education Fund, former criminal defense lawyer and party to the case, Taylor Monahan, Security at Metamask and expert blockchain tracer, privacy and FOSS advocate Molly White of Citation Needed, and Ethereum L2 Developer Tim Clancy to discuss what happened at trial and what it means for open source software development.
YouTube:
Spotify:
This Sunday. Everything you need to know about the criminal trial against Tornado Cash developer Roman Storm.
With Amanda Tuminelli, Taylor Monahan, Molly White, and Tim Clancy, hosted by David Z Morris 👇
It's the third week in the criminal trial against Tornado Cash developer Roman Storm, and we continue to wait for a verdict.
Today, the jury requested transcripts, had questions about venue, and seemed rather eager to go home.
Full story:
While you're waiting for the Storm verdict, it may make sense to take some time to understand what the White House outlined on financial privacy in its Digital Assets Report.
Hint: it's not pretty.
Full story👇
We are still awaiting the jury's return with a verdict in US v. Storm.
So far this morning the jury has made two requests for clarifications or further information, including a request for documents at around 11:30amET.
The jury is deliberating and likely to be at least for another hour, so there's a good chance we will keep waiting.
One of their questions sent to the court touched on the grand jury evidence for venue, which is beyond their scope, but perhaps a source of hope for acquittal. 👇
“Privacy became the cover story for Tornado Cash, not the goal,” the prosecution said in closing arguments today.
The main question now facing the jury: what was Storm really thinking?
Full story👇
In a major win for DOJ, Samourai Wallet developers have plead guilty to unlicensed money transmission.
The charge had been heavily disputed, described as an unclear application of the law.
The developers face fines and up to five years in prison. Full story👇
Is Privacy Legal? Roman Storm’s Defense Rests in Tornado Cash Trial
Final witnesses laid out principles of decentralization and the critical role of privacy online.
Full story 👇
🚨JUST IN
Samourai Wallet developers Keonne Rodriguez and William Hill have notified the court of a change of plea – expected to plead guilty. Hearings scheduled for tomorrow 10:00 and 10.30