In episode 4 of Bitcoin Politics, special guest Peter Van Valkenburgh, Executive Director of Coin Center, joins Bitcoin Magazine Political Correspondent Frank Corva to discuss the Tornado Cash trial verdict and analyze what this might mean for legal precedent and the future of financial privacy.
Roman Storm of Tornado Cash was found guilty of unlicensed money transmission, a ruling with massive implications for open-source developers. Peter analyzes the outlook for future legal proceedings, breaks down what the means for privacy, code, and the future of Bitcoin and speech.
đ¶ Connect with Peter Van Valkenburgh on X: https://x.com/valkenburgh
đ¶ Connect with Frank Corva on X: https://www.coincenter.org/
đ¶ Learn more about Coin Center: https://www.coincenter.org/
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Chapters:
00:00 - Introduction: Van Valkenburgh
01:48 - Legal Analysis - Unlicensed Money Transmission
06:01 - Appeal Prospects
10:13 - Brady Request and Its Potential Impact on Appeal
11:48 - Samurai Developers' Plea Deal and Its Legal Implications
15:50 - Jurisdictional Reach of the Southern District of New York
22:51 - Blockchain Regulatory Certainty Act (BRCA)
27:55 - Surveillance Concerns in the President's Working Group Report
33:46 - Tax Reporting and Privacy Implications
35:23 - Overall Assessment of the PWG Report and Crypto Regulation
38:17 - Support from SEC Commissioner Hester Peirce
42:04 - Digital Identity and the Future of Privacy in Crypto
44:59 - Open Discussion on Digital Identity and Backdoor Risks
45:16 - Closing Remarks on Roman Storm
46:26 - Final Thanks
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