13 Aug 2025

Roman Storm Verdict: A Turning Point for DeFi | Jake Chervinsky & Amanda Tuminelli

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Bankless

In this episode of Bankless, David Hoffman hosts Amanda Tuminelli and Jake Chervinsky to discuss the Roman Storm case fallout, focusing on the implications of the guilty verdict on the 1960 money transmission charge for DeFi developers. They analyze the legal nuances, potential grounds for appeal, and the broader impact on the crypto industry. The conversation covers the definition of money transmission, the role of the Department of Justice, and the need for legislative clarity to protect software developers. They also explore the current political landscape, the Trump administration's stance on crypto, and the importance of industry advocacy to shape future regulations and ensure the long-term viability of DeFi in the United States.

Outlines

Part 1: Case Overview

Part 2: Legal Strategy

Part 3: Political and Legislative Action

Part 4: Future Outlook and Industry Responsibility

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