BITCOIN SEASON 2: The Tornado Cash Trial, Explained
Description
Reporter David Morris breaks down the Tornado Cash trial, Roman Storm's conviction on money transmission charges, and what this means for crypto privacy and open source developers going forward.
David Z Morris joins us to talk about his extensive coverage of the Tornado Cash trial. We dive deep into Roman Storm's conviction, the legal precedent for privacy tools, and the chilling effects on open source development in crypto.
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NOTES:
• Jury hung on 2 charges, guilty on 1 MTB charge
• North Korea Lazarus laundered $600M
• No direct OFAC-sanctioned wallets used the service
• Appeal process could take years to resolve
Timestamps:
00:00 Start
00:41 Why the Tornado Cash Story?
05:06 What is Tornado Cash?
11:15 What does Tornado Cash Do?
14:01 Autonomous Smart Contracts
19:34 Run as a Business
23:57 Profits
24:58 Criminal Charges
31:43 Future of Open Source Development
37:15 Advice for Privacy Devs
42:43 Public Perception
46:09 Journalism & Privacy
49:10 What Happens Now?
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