Crypto industry calls for new bill to protect DeFi devs following Tornado Cash founder conviction – DL News
- Crypto industry group petitions lawmakers to protect DeFi developers.
- The Group said failure to do so will jeopardise innovation.
- Tornado Cash founder Roman Storm was recently found guilty of the crime the group wants to shield developers from.
Protect developers from being prosecuted like Tornado Cash founder Roman Storm, or risk choking crypto innovation in the US.
That’s essentially the message of a letter sent by a group of 115 crypto firms, builders, investors, and advocates to the Senate Committee on Banking, and Committee on Agriculture on Wednesday.
The letter urges lawmakers to introduce provisions into the Clarity Act to shield open-source developers from being misclassified or prosecuted as operators of money transmitting…
