Storm Tornado Cash Trial De Test DeFi Compliance
Roman Storm wey be co-founder for Tornado Cash dey face trial for Netherlands over US money laundering wahala wey get connection with crypto mixer. Prosecutors talk say e get direct control for how Tornado Cash dey run, dem use blockchain forensics like server logs, emails, governance records and transfer analysis from big exchanges like Crypto.com and Binance show am. But Storm defenders talk say Tornado Cash na decentralized open-source software, dem no gree the way dem take put blame or the experts wey dem get, dem wan call medical witnesses, one Chainalysis expert and one romance scam victim weh talk say her money no ever enter the mixer. This case big as e dey test DeFi compliance and mixer wahala, with analysts sabi say short-term ETH and privacy token fit go up and down. Long term, the judgment fit change how Ethereum based services go work, e fit make governance model clear well and make mixer platforms get higher risk premium.
Bearish
Di Roman Storm trial dey make di tins confuse for regulatory mata about Tornado Cash and similar mixers, e fit make traders sell ETH and privacy tokens quick quick as dem dey prepare for beta compliance wahala. History don show say when government dey check DeFi protocols legal, e dey cause market shaking and less liquid. For long term, if dem force better governance and risk premium, e fit make di sector stable but e fit also reduce how many people go use am and lower token demand, wey go make market dey bearish.