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On Wednesday, the U.S. Government indicted Tornado Cash developers Roman Storm and Roman Semenov for three counts of conspiracy involving a staggeringly large number: $1 billion in criminal proceeds. The U.S. Department of Justice attached North Korean hackers to a large portion of this sum, alleging that Tornado\u2019s privacy tech enabled nefarious deeds. Amanda Tuminelli, chief legal officer of the DeFi Education Fund, joins the show to assess whether the U.S. Government got it right or is merely misguided in its understanding of how blockchain technology works. Should Tornado Cash devs be held to account for the criminal use of their software?\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\nShow highlights:\n\nwhy the U.S. Government says the cofounders of Tornado Cash facilitated money laundering\n\nwhat the difference is between the concealment of potential proceeds of a crime versus the facilitation of that crime\n\nwhy Amanda believes that if the government understood the technology they wouldn\u2019t be making these allegations\n\nwhether the charges and the indictment will have implications for all software developers\n\nwhether these allegations could mark the \u201cend of DeFi\u201d in the U.S.\n\nwhether front-end applications in DeFi will need to mandate KYC checks for all users\n\nhow the charges appear to contradict earlier FinCEN guidance\n\nhow the DOJ will use the involvement of North Korean hackers to \u201cmake it look bad\u201d for the jury\n\nwhat the future of the case will look like and whether there will be a motion to dismiss the indictment\n\nThank you to our sponsors!\n\nCrypto.com\n\nArbitrum Foundation\n\nThales DAO\n\nGuest\n\nAmanda Tuminelli, Chief Legal Officer at DeFi Education Fund\nLinks\n\nPrevious coverage of Unchained on Tornado Cash:\n\nThe Chopping Block: 'Code Is Law' Is 'Obviously Not How Anything Works Ever'\n\nThe Chopping Block: Why DeFi May Be Over-Complying With Tornado Cash Sanctions\n\nPreston Van Loon on Ethereum\u2019s Merge and His Lawsuit Against Treasury\n\nGiven the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?\n\nThe Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?\n\nTornado Cash Sanctioned. Did the Government Overstep Its Bounds?\n\nUnchained:\xa0\n\nTornado Cash Cofounder Arrested, Another Sanctioned by U.S. Government\n\nOFAC Updates Tornado Cash Sanctions To Include DAO\n\nCoin Center Sues the US Treasury Over Tornado Cash Sanctions\n\nCoin Center: New Tornado Cash indictments seem to run counter to FinCEN guidance\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices