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CRIPTO calls Congress to change the rule of the Doy used against Tornado Cash Devs

The Corrupto Corrupt Coalition called on Congress to press the Department of Justice to change the “unseen and overly expansively” interpretation of the laws used for the collection of the CRIPTO Mixer Tornado Cash programmer.

26. Marta letter They signed 34 CRIPTO companies and groups for the Banking Committee of Senate, Committee for Financial Services Homes and Court Committees for Unlicenced Business Business “basically each blocker blocks can be prosecuted as a criminal”.

The letter led to the Depository and Coinbase Fund and Coinbase – added that the interpretation of the judiciary department “creates confusion and ambiguities” and “Pretain of the Software Development based on the American asset industry.”

The Group said that the LORD debuted its position “in August 2023. year through the criminal indictment” – was charged at the same time Tornado Cash Developers Roman Storm and Roman semen with money laundering.

The storm was released on the bail, she pleaded not guilty and Wants charges to fall. Semenov, Russian national, is at large.

CRIPTO calls Congress to change the rule of the Doy used against Tornado Cash Devs

Source: Ecological fund for education

The doj has submitted similar costs Against Samoan’s co-friendly Keonne Rodriguez and William Lonergan Hill, who both pleaded not guilty.

The cratto group letter claimed that two parts of the American code define “Business on Money Transfer” – title 31 Section 5330, defining who must be licensed and a Title 18 Section 1960, which criminalizes unlicensed.

It was added that 2019. Guide from the financial network of Treasury’s financial crimes (Financen) and said that “if the software programmer never gets possession or control of clients, that the developer does not work” work “, portable job”.

The letter claimed that the LONCE was taken over that the definition of money transmitted in accordance with Article 5330 “is not relevant to determining whether the unlicensed” money transferred “despite” intentional painting “and in sections and Finincen’s leadership.

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The Group accused the Loy to ignore the Finincen’s guidelines and laws to implement his own interpretation of the business that transfers the money when he filled the storm and Semenov.

They said that the result of the video “two separate government agencies USA with conflicting interpretations” money transmission “- unclear, NELOJALO position for participants and innovators in the law industry.”

The letter said that if they are not solved, the interpretation of the judiciary department would exhibit developers of non-detention software “within the United States for criminal responsibility”.

“The resulting and very rational, fear among developers would effectively end the development of these technologies in the United States.”

In January, Michael Levellen, Associate of the Coin Center for Representation Crypto Sad lawyer General Merrick Garland To make its planned publishing software that is not detention declared by law and blocking the Laws to use money transfer laws to experience it.

Levellen said that the Lord “began prosecution of people to publish similar cryptocurrency software”, which he claims to expand the interpretation of the laws that transmit money “outside what constitution allows the constitution.”

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