Congrats to @coincenter on picking up the torch of protecting software freedom. It’s unfortunate that the EFF seems to have abandoned their original mission but I am glad that someone is carrying it forward.

Coin Center’s Seven Takeaways from the Storm Verdict: ▪️ 1. The sole conviction—unlicensed money transmission (18 U.S.C. § 1960)—turns mainly on legal/regulatory interpretation (“does this count as money transmission?”), not jury fact-finding. ▪️ 2. The court, at the motion-to-dismiss stage, discounted FinCEN’s stated guidance on what counts as “money transmission” in crypto and treated the category as broader than “control of customer funds.” ▪️ 3. With “money transmission” defined that broadly, the jury’s room to decide facts was narrow; the court’s interpretation largely dictated the outcome. ▪️ 4. DOJ’s prior “end regulation by prosecution” memo didn’t fully resolve §1960 issues left things open for continued prosecution; the DOJ dropped the failure-to-register theory but not the “knowingly transmitting criminal funds” theory. Coin Center’s view: both hinge on “transmitting” and are improper against developers excluded by FinCEN guidance. ▪️ 5. The BRCA (Blockchain Regulatory Certainty Act), now attached to CLARITY and passed by the House, would confirm that non-controlling developers aren’t money transmitters. It can’t help Roman retroactively, but the Senate should pass it in upcoming market-structure debates. ▪️ 6. Coin Center fellow Michael Lewellen is suing DOJ for a declaration that publishing/maintaining his software isn’t unlicensed money transmission. Coin Center will continue supporting this effort to correct the legal interpretation. ▪️ 7. Coin Center is sorry Roman faces sentencing on a theory that contradicts the regulator’s guidance. He should appeal the denial of his motion to dismiss; Coin Center will assist however possible.

If you buy ZEC today, you're supporting the ones building the next generation of freedom technology, and you're making it harder for the government to attack Roman Storm, and future Roman Storms. For cowards: please sell your ZEC to someone with courage.

This is why I was so angry last Winter. The court's legal reasoning to deny the motion to dismiss at the time basically said that money transmission includes anyone who facilitates the movement of tokens on chain, and that the FinCEN guidance for who must license is irrelevant. Once you rule on that, the jury doesn't have much left to do. The legal ruling was wrong. Needs to be appealed.

"When I was a child, they told me children are our future. Then I grew up and now they're saying it's actually these new children. I know a Ponzi scheme when I see one." - Norm MacDonald

Tomorrow the jury will return the verdict in the criminal trial of Roman Storm. Either verdict would be good for Zcash, but only one verdict would be justice for Roman and good for America.

Congratulations @zcash on passing Block Height 3,000,000 🎉

fun fact I did not attend a single conference or event during the first 1.5-2y of Helius did not even go to the first 2 breakpoints and sponsored nothing you can just not do things

Zcash's privacy model treats your counterparty as the adversary; they know at least as much as any observer. Shielded transactions leak *nothing* to your counterparty, and therefore your privacy is unaffected by which address type they provide.

Why I changed my mind on t-addresses in Zcash #Zcash $ZEC 🛡️