08 Oct 2024
1h 28m

Is DeFi Illegal Now? Tornado Cash Case Update | Jake Chervinsky

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Bankless

In this podcast episode, crypto lawyer Jake Chervinsky takes a closer look at the Tornado Cash case, exploring its implications for Roman Storm and the wider legal context of decentralized finance (DeFi). The discussion highlights how the ruling could potentially stifle innovation in the DeFi space, revealing the delicate tension between progress and regulatory oversight. As the hosts delve into various aspects of the case—from money transmission to the impact on software developers—they emphasize the importance of fostering ethical advancements in cryptocurrency while tackling the shifting legal landscape.

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