Tornado Cash co-founder: US Treasury acknowledges error in mixer rules.

BlockBeats news, October 6: Tornado Cash co-founder Roman Storm posted that the U.S. Department of the Treasury recently acknowledged in a document that its earlier rules targeting mixers were problematic and mentioned that they could have a "chilling effect" on lawful activity. Storm said that although the relevant department of the U.S. Department of the Treasury now believes the policy is problematic, the U.S. Department of Justice in his case still insists that even lawful transactions conducted through Tornado Cash constitute illegal conduct because they could be used for money laundering, sanctions evasion, and other criminal purposes.

Storm stated that the non-criminal division of the U.S. government believes the relevant policy is improper, while the criminal justice division believes all related transactions constitute crimes. He believes that this "war" against the crypto industry is still ongoing and could set a dangerous legal precedent for the United States targeting developers and open-source software. Storm also said he has been detained and prosecuted for more than 1,139 days and claimed that his case stems from developing open-source code. He disclosed that the Southern District of New York (SDNY) filed a new document today, and the U.S. Department of Justice is still pushing for his conviction.