SEC Peirce dey defend crypto privacy for Tornado Cash trial

SEC Commissioner Hester Peirce tok say regulator dem make dem protect crypto privacy an open-source developer dem for di Science Blockchain Conference. She talk say privacy tools like Tornado Cash no suppose hold users responsible for their bad things dem do, an she compare on-chain privacy to Fourth Amendment rights. Peirce also dash bad talk to Biden-era DeFi broker rules wey go make companies report counterparty data to di IRS, she warn say dis kin rule fit stop make new tins for DeFi an self-custody solutions. Dem dey make dis kind call now as Tornado Cash co-founder Roman Storm dey face trial for New York for money laundering, an fit get 40 years jail if e dem found guilty. Traders suppose watch dis regulator change well well to sabi how e fit affect privacy service an DeFi compliance.