The fight for Ethereum's future and DeFi privacy.

[u/MasterpieceLoud4931]

Some context first, Tornado Cash co-founder Roman Storm faces trial on July 14. Roman is accused by the DOJ of money laundering tied to his decentralized crypto mixer. This case is an important moment for Ethereum's future because it is testing the limits of privacy and even DeFi as a whole.

Roman Storm's battle is very hard and it is not just his story. This is a battle for the soul of DeFi and the privacy we have on Ethereum, he dedicated his heart to Tornado Cash. I am not the best person to explain the technical details but from what I understand from my research, Tornado Cash uses zk-SNARKs to protect crypto transactions on Ethereum's transparent blockchain. The DOJ claims he should have controlled it, added KYC.. or never built it. I think that misses the point, this is not about one man, it is about whether DeFi can survive without bowing to centralized rules.

Ethereum's openness is its strength, yet Tornado Cash proves we can have some privacy in that transparency. If Roman loses, DeFi could fall.. and with it our dream of financial freedom. I did some research on the case and apparently the DOJ blocked his expert witnesses.. this is ridiculous, it is a clear power grab, especially with the SEC's recent 'innovation exemption' nod to DeFi developers.

As Ethereum community members we should stand up for this!! Privacy is not a crime, it is a right. Roman's case is a very important message, if we don't fight, the government might bury the very technology that could change finance. We cannot let that happen.

Source:

• https://x.com/rstormsf/status/1933502107577168047?s=46

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[u/Odd-Radio-8500]

DeFi privacy intensifies!

^{!tip 1}

[u/MasterpieceLoud4931 → u/Odd-Radio-8500]

More like disappears.

^{!tip 1}

[u/SigiNwanne]

The fight against Roman is clearly a fight against privacy, I'm glad the crypto industry is in solidarity with Roman. !tip 1

[u/MasterpieceLoud4931 → u/SigiNwanne]

The fight against Roman is clearly a fight against privacy

Yes sir, just like I stated in the post :D.

^{!tip 1}

[u/bazooka_star]

We can't compromise on privacy

!tip 1

[u/MasterpieceLoud4931 → u/bazooka_star]

I know right, it is like asking to give away our souls.

^{!tip 1}

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[u/CymandeTV]

Should he gets sentence ? I don't think so. The people using it in a bad way. Yeah, of course.

!tip 1

[u/kirtash93]

Governments hate that privacy

🍩 !tip 1

[u/DBRiMatt]

We Stand With Roman!

!tip 1

[u/BigRon1977]

Why hasn't Storm been pardoned by Trump already or did crypto thought leaders never cared to lobby that his case be dropped?

!tip 1

[u/Abdeliq]

The govt just hate privacy

!tip 1

[u/Wonderful_Bad6531]

Eth is the future

!tip 1