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: https://www.therage.co/roman-storm-no-verdict/

🚨JUST IN: No verdict today in US v. Storm. The jury is being sent home and deliberations will continue Monday morning.

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👇 https://www.therage.co/white-house-digital-assets-report-financial-privacy-primary-money-laundering/

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. 👇

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👇 https://www.therage.co/samourai-wallet-developers-plead-guilty-to-unlicensed-money-transmission/

🚨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

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Do corporate accounts not work on this protocol or are you all just really fucking lazy reposters

🚨JUST IN: IRS Special Agent George, tasked with tracing the Government's first witness' funds to Tornado Cash, testifies that he does not know what crypto[.]com is, doesn't know the difference between ERC-20 and ETH

“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👇 https://www.therage.co/the-storm-jurys-dilemma-was-crime-the-goal-all-along/

🚨JUST IN: Judge Failla allows into evidence emails sent to Storm by people alleging to have had their funds stolen. Unclear how or if any actual connection of funds to TC will be established. The emails go toward Storm's "state of mind".

UPDATE in US v. STORM: IRS blockchain tracer Stephan George today testified that he traced 9.7 ETH derived from the defrauding of Hanfeng Lin to Tornado Cash using Chainalysis and TRM Labs tools. Also, prosecutors indulge in some light heckling of David Z Morris 👇

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 👇 https://www.therage.co/is-privacy-legal-roman-storm-tornado-cash-trial/

💥 Update: The third week of the trial of Roman Storm kicked off with defense testimony that rebutted government tracing experts, and a Coinbase employee who used Tornado Cash to make a donation to Urkaine. 👇