The Roman Storm Verdict | Peter Van Valkenburgh & David Morris | Bankless

This podcast episode features a panel discussion with Peter Van Valkenburgh from Coin Center and David Morris from The Rage, alongside the hosts, focusing on the Roman Storm case verdict and its implications for the crypto industry. The conversation covers the three charges against Roman Storm, the details of the trial, the jury's decision-making process, and potential appeal strategies. The panelists explore the complexities of money transmission laws in the context of decentralized finance (DeFi) and open-source software development, expressing concerns about the broad interpretation of these laws and their potential impact on innovation. They also discuss possible actions by the Trump administration and the importance of legislative clarity to protect non-custodial DeFi projects and developers.

Outlines

Sign in to continue reading, translating and more.

Continue

The Roman Storm Verdict | Peter Van Valkenburgh & David Morris

Bankless

Introduction to the Roman Storm Case and Initial Reactions to the Verdict

Breakdown of the Three Conspiracy Charges Against Roman Storm

Silver Linings and Atmosphere in the Courtroom

Roman Storm's Optimism and Allegations of Messy Trial Conduct

Examination of Trial Fairness and Judge's Background

The Unlicensed Money Transmission Charge and FinCEN Guidance

The Jury's Guilty Verdict and the Standard of Proof

Intent vs. Knowledge and the Impact of Evidence on the Jury

Legal Arguments for Appeal and Optimism for the Future

Cautions and the Trump Administration's Stance on Crypto

Coin Center's Lawsuit and Differing Perspectives on Political Influence

The President's Working Group Report and the Broad Implications for DeFi

The Chilling Effect on Investors and the Absurdity of the Prosecution

The Changing Political Landscape and the Need for Legal Clarity

Three Paths to an Optimistic Outcome

Galvanizing Support and the Opportunity for a Better Equilibrium

Short-Term Outlook and Supporting the Fight for Freedom

The Roman Storm Verdict | Peter Van Valkenburgh & David Morris

Bankless

00:03Introduction to the Roman Storm Case and Initial Reactions to the Verdict

Introduction to the Roman Storm Case and Initial Reactions to the Verdict

03:37Breakdown of the Three Conspiracy Charges Against Roman Storm

Breakdown of the Three Conspiracy Charges Against Roman Storm

08:01Silver Linings and Atmosphere in the Courtroom

Silver Linings and Atmosphere in the Courtroom

11:27Roman Storm's Optimism and Allegations of Messy Trial Conduct

Roman Storm's Optimism and Allegations of Messy Trial Conduct

16:10Examination of Trial Fairness and Judge's Background

Examination of Trial Fairness and Judge's Background

20:33The Unlicensed Money Transmission Charge and FinCEN Guidance

The Unlicensed Money Transmission Charge and FinCEN Guidance

25:24The Jury's Guilty Verdict and the Standard of Proof

The Jury's Guilty Verdict and the Standard of Proof

29:52Intent vs. Knowledge and the Impact of Evidence on the Jury

Intent vs. Knowledge and the Impact of Evidence on the Jury

34:09Legal Arguments for Appeal and Optimism for the Future

Legal Arguments for Appeal and Optimism for the Future

39:35Cautions and the Trump Administration's Stance on Crypto

Cautions and the Trump Administration's Stance on Crypto

45:52Coin Center's Lawsuit and Differing Perspectives on Political Influence

Coin Center's Lawsuit and Differing Perspectives on Political Influence

50:46The President's Working Group Report and the Broad Implications for DeFi

The President's Working Group Report and the Broad Implications for DeFi

56:17The Chilling Effect on Investors and the Absurdity of the Prosecution

The Chilling Effect on Investors and the Absurdity of the Prosecution

1:00:00The Changing Political Landscape and the Need for Legal Clarity

The Changing Political Landscape and the Need for Legal Clarity

1:04:16Three Paths to an Optimistic Outcome

Three Paths to an Optimistic Outcome

1:09:36Galvanizing Support and the Opportunity for a Better Equilibrium

Galvanizing Support and the Opportunity for a Better Equilibrium

1:14:25Short-Term Outlook and Supporting the Fight for Freedom

Short-Term Outlook and Supporting the Fight for Freedom