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Bankless

Roman Storm Speaks - Tornado Cash Developer on What’s at Stake

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 21 November 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

📣DONATE TO ROMAN’S CASE
https://juicebox.money/@defend-roman-storm 

Tornado Cash developer Roman Storm faces decades in prison after being arrested last year for creating open-source privacy tools on Ethereum. His case could define whether code is speech, if developers are liable for bad actors, and if Americans have a right to digital privacy.

With the full force of the U.S. government against him, Roman’s trial this April is a pivotal moment for digital rights. Bankless has contributed $50k to his legal defense—this is about protecting privacy for all of us.

Roman Storm, alongside his lawyer, joins us to discuss The Tornado Cash case and what’s at stake.

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TIMESTAMPS

0:00 Intro
2:36 Roman’s Spirits
3:58 Who is Roman Storm?
5:40 Why Tornado Cash?
7:06 House raiding experience 
8:43 What Roman was charged with
10:00 Why Roman is not guilty 
17:10 What’s at stake
22:31 How to help Roman
25:16 Closing & Disclaimers

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RESOURCES 

Donate to Roman’s Case
https://juicebox.money/@defend-roman-storm

DeFi Education Fund - Amicus Brief - https://www.defieducationfund.org/_files/ugd/84ba66_063f9d1fd563466cadfa3f5434f918e9.pdf

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Transcript

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0:00.0

We have a sobering episode today on bankless.

0:04.8

We have tornado cash developer, Roman Storm, on the podcast today.

0:09.2

Now, Roman, you might remember, he was arrested from his Seattle home just over a year ago.

0:13.4

This was in August of 2023.

0:15.6

He was arrested for the development and deployment of tornado cash, which we've talked about on

0:20.5

bankless as an open source

0:21.8

code was developed on Ethereum, and it provides privacy for blockchain transactions. He now faces

0:28.4

criminal charges in the United States and the prospects of decades in jail. Now, David and I think

0:35.1

Roman's case is the most important case for digital rights of the 2020s, this decade.

0:42.4

Is code speech?

0:43.9

If bad people use open source code to do bad things, do the developers of that code go to jail?

0:50.0

Are U.S. citizens allowed to even have digital privacy over their economic transactions?

0:56.0

All of those things are going to be decided in this case. And just also, on a personal level,

1:02.9

a man's life is at stake here. As you could see in today's conversation, the full weight of the

1:08.4

U.S. government is being leveraged to prosecute Roman Storm.

1:12.5

And so there's a massive power asymmetry here to correct for.

1:16.3

Roman's case is coming up in April and he needs funds for his legal defense. He doesn't have

1:22.5

the money to fight this alone. We're hoping the crypto community can step up to fund him. We gave him

1:28.7

$25,000 to Roman's case in the beginning of this year. And so in addition to that, we are also

1:35.3

giving him another $25,000 after this recording and hope that you will also, listener, join us to

1:40.5

support Roman and also our own fight to have a right to privacy in crypto because

1:46.5

that is also what is at stake in this case. I don't know if we will win this fight. The fight for

...

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