DApp Store | Web3 Hub tapahtumille ja peleille

chainalysis pleading the fifth while actively selling the very thing they are pleading the fifth about to the very govt who is actively prosecuting tornado cash right now lol lmao okie

🚨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."

Everyone is hating on Chain for this but I'm laughing my fucking ass off bc the State has been standing up and arguing shit that, by their definitions, they themselves are guilty of lollllllllllll

For example, when arguing that Roman is guilty of 18 U.S. Code § 1960, the State argued that it applies bc: 1. There's a business. 2. The defendant knew the business involved the proceeds of criminal activity. 3. The defendant took action aimed at maintaining that business. Specifically, he paid bills relating to the business, even though everything would've continued on just fine if he hadn't paid those bills. 4. Those actions (the bill paying) were overt acts in furtherance of the object of the conspiracy.

It would be a real shame if the State was paying millions towards a business they knew involved the proceeds of criminal activity, even though that business is not a licensed, or unlicensed, money transmitting business and the business would continue on without those payments.