Roman Storm Defence Dey Find Mistrial Over Tornado Cash Connections
Roman Storm, wey na co-founder for Tornado Cash, don file motion to get mistrial for him money laundering case afta denn wenwitness Hanfeng Lin no fit produce on-chain proof wey go link her $190,000 stolen Bitcoin to di mixer. Di defense lawyer David Patton challenge di reliability of Lin Payback report and talk say one FBI agent admit say e never even trace her money. Prosecutors dey plan call IRS analyst Stephan George wey go talk about alleged short-hop transactions to Tornado Cash. Independent researchers for MetaMask and investigator ZachXBT report say dem never see any sign say Lin coin enter di protocol. Di Department of Justice talk say Tornado Cash don launder over $1 billion, wey include money wey linked to Lazarus Group and di 2022 Ronin hack. How e go end fit cause delay for di trial and fit set correct legal precedent for decentralized mixers, wey for affect regulatory scrutiny and market confidence for privacy solutions.
Bearish
Di motion wey dem make for mistrial dey show say legal yawa still dey and regulators fit still cause gbege for Tornado Cash. The challenge for evidence and the kain heavy eye wey dem don dey watch fit make traders no trust privacy solutions again, e fit cause small wahala and shaking for Tornado Cash governance token (TORN). If you look am for long time, legal decisions fit make dem restrict how people take use mixer, plus make regulators come do kpafuka kpafuka against privacy protocols, e go still comot bad vibe for market.