Allen Charge Don Comot After Jury Deadlock for Tornado Cash Trial
After four days wey dem don dey discuss the Tornado Cash trial, the jury never still reach decision on top important charges against co-founder Roman Storm. Judge Katherine Polk Failla give Allen charge to make dem break the deadlock and reject defence request for partial verdicts. Prosecutors talk say Storm promote the Ethereum-based mixer to wash over $1 billion illegal money, including transactions wey concern North Korea’s Lazarus Group. Defence talk say na only open-source code he write and he no fit control how people take misuse am, e bring wider question on developer responsibility for decentralized systems. If dem find Storm guilty for all the charges, e fit jam prison for up to 45 years. The jury split show say e get serious difference of opinion on crypto developer responsibility and e fit set legal precedent for future decentralized software cases.
Neutral
Di struggle wey jurors face for Tornado Cash trial plus the Allen charge wey follow show big regulatory and legal wahala wey dey surround privacy mixers. For short term, dis big case fit reduce how people feel about privacy-based DeFi protocols but e no get strong impact on ETH price directly. For long run, if dem find dem guilty, e fit set legal precedent wey go make developers risk more and fit stop dem from using similar decentralized tools. Overall, market impact on ETH trading likely neutral, as traders dey look bigger network fundamentals pass these small legal issues.