PANews reported on April 29 that in light of the impending trial of Tornado Cash co-founder Roman Storm, leaders from the crypto industry jointly called on the White House to stop prosecuting open source software developers. The DeFi Education Fund sent a letter to David Sacks, the White House’s crypto affairs director, urging the Trump administration to change its policy and halt the “overreach” of the Department of Justice in prosecuting software developers. The letter emphasized that developers cannot control how third parties use their code and should not be held criminally liable for it. The joint letter pointed out that if the prosecution of developers continues, Trump’s goal of “making the U.S. a global crypto hub” will be difficult to achieve. The letter also mentioned that despite the recent memorandum from the Department of Justice stating it would no longer regulate the crypto industry through criminal charges, the Southern District Court of New York seems not to have followed this principle.
This collaboration has received support from more than 70 industry professionals, including Paradigm co-founder Matt Huang, The Block co-founder Mike Dudas, and Multicoin Capital’s General Counsel Greg Xethalis.
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