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🚨UPDATE:
Chainalysis witness plans to plead the 5th to avoid self-incrimination after a phone call with the Government. This means that they may take the stand, but won't be testifying.
This is after SDNY openly threatened defense witness Tom Schmidt of Dragonfly Capital with potential prosecution.
Dragonfly Managing Partner Haseeb Quereshi described this as an attempt to "undermine a defense of Tornado Cash—to make it more difficult for the defense to call Tom to testify on the stand."
Defense has asked the court to inquire what prosecutors told Chainalysis on the phone call, as the witness' decision came "out of the blue."
29.7. klo 00.10
It's a new week in the Tornado Cash trial, and the defense will be making its case.
Likely included will be two witnesses from Chainalysis, after it was revealed that Chainalysis is said to have operated a Tornado Cash relayer.
The defense had previously highlighted that SDNY alleged for Storm to have not just been in a conspiracy with his alleged co-conspirators, but also with others operating the Tornado Cash service, such as the relayers.
Which means that, based on the Government's own logic, Chainalysis conspired with Tornado Cash to evade sanctions and launder criminal proceeds.
Looks like an incredibly interesting week ahead.
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