Roman Storm's conviction for operating an unlicensed money transmission business is dangerous for all defi developers. It's also just wrong as a matter of law, and (I think) it will be overturned.

Great job by @brianeklein and the Waymaker team on the other two charges (an acquittal and no verdict) - can't wait for them to finish the job.

If you're curious why the money transmission charge is nonsense, @amandatums has written at length and *highly* persuasively, not just on the wrongness of the charge, but on the dangers to defi.