Major! Breaking! Huge news! We are all safe from being prosecuted by the Government! Right?
Wrong.
Yes, yesterday's DOJ memo *says* that they will stop pursing the developers of software for the conduct of their users. At the same time, the entire memo seems full of insane amounts of double speak, while giving no actual definitions of its claims.
First, the priorities and considerations in the memo describing what such protections are contingent on remain completely undefined.
Does other means to transmit and transfer funds include non-custodial services? Nobody knows. What is the knowing and willful transmission of funds for non-custodial or immutable services? Again, we remain clueless. Can I be charged with aiding and abetting terrorism if a terrorist uses my service? Well, we'll review that on a case-by-case basis.
Then there's the specific exclusion of a1960 subsection that is currently used to prosecute Samourai & Tornado devs, which continues to leave the door wide, wide open to keep prosecuting developers. Plus, as the DOJ is currently pursuing, it may continue to just paint the service operators as criminals themselves.
This is not "regulatory clarity" – not even in the slightest.
Took me a long long time to decipher all this nonsense, if you appreciate this work pls zap or donate on our Geyser (link in article) ✌️
https://www.therage.co/doj-crypto-mixers-memo/
L0laL33tz / L0la L33tz
npub1mz…q6mak
2025-04-09 16:41:35
Author Public Key
npub1mznweuxrjm423au6gjtlaxmhmjthvv69ru72t335ugyxtygkv3as8q6makSeen on
wss://relay.nostr.bandPublished at
2025-04-09 16:41:35Event JSON
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"kind": 1,
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"content": "Major! Breaking! Huge news! We are all safe from being prosecuted by the Government! Right?\n\nWrong.\n\nYes, yesterday's DOJ memo *says* that they will stop pursing the developers of software for the conduct of their users. At the same time, the entire memo seems full of insane amounts of double speak, while giving no actual definitions of its claims.\n\nFirst, the priorities and considerations in the memo describing what such protections are contingent on remain completely undefined.\n\nDoes other means to transmit and transfer funds include non-custodial services? Nobody knows. What is the knowing and willful transmission of funds for non-custodial or immutable services? Again, we remain clueless. Can I be charged with aiding and abetting terrorism if a terrorist uses my service? Well, we'll review that on a case-by-case basis.\n\nThen there's the specific exclusion of a1960 subsection that is currently used to prosecute Samourai \u0026 Tornado devs, which continues to leave the door wide, wide open to keep prosecuting developers. Plus, as the DOJ is currently pursuing, it may continue to just paint the service operators as criminals themselves.\n\nThis is not \"regulatory clarity\" – not even in the slightest. \n\nTook me a long long time to decipher all this nonsense, if you appreciate this work pls zap or donate on our Geyser (link in article) ✌️ \n\nhttps://www.therage.co/doj-crypto-mixers-memo/\n",
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