This verdict represents the first time a software developer has been held criminally liable for creating open-source financial code, establishing a precedent that code itself can be considered a money transmission service. This fundamentally shifts the legal landscape around digital financial tools, creating new mechanisms for controlling decentralized systems that previously operated outside traditional regulatory frameworks.
First Crypto Developer Guilty: DeFi Code Now Criminal Liability
📰 What Happened
A Manhattan federal jury delivered a mixed verdict for Tornado Cash developer Roman Storm, finding him guilty of operating an unlicensed money transmitting business but not guilty of sanctions violations. The jury hung on money laundering charges. The DOJ argued Storm posed a flight risk due to crypto access and connections to co-defendant Roman Semenov. DeFi Education Fund's Amanda Tuminelli criticized the prosecution's theory that developers are liable for others' use of their code.
📖 Prophetic Significance
The criminalization of neutral code development marks an unprecedented expansion of financial control systems. Storm's conviction demonstrates authorities can now restrict not just transactions, but the very creation of financial tools. This aligns with Revelation's economic control prophecies in three ways: 1) It establishes developer liability for financial code, 2) It creates legal precedent for pre-emptively blocking new financial systems, and 3) It shifts power from decentralized networks to centralized authorities. The DOJ's focus on crypto access and 'immigration workarounds' reveals growing capabilities to monitor and restrict both digital and physical movement.