The US Department of Justice has made an important statement that may change the situation for software developers in the crypto sector. Acting Assistant Attorney General Matthew J. Galeotti clarified that writing code without malicious intent is not a crime.
Significance of the DOJ Statement
Matthew J. Galeotti emphasized that "merely writing code without ill intent is not a crime." This statement could be a turning point for developers who have long feared prosecution for publishing blockchain code.
DOJ's Position on the Roman Storm Case
Galeotti also addressed the recent case involving Roman Storm, co-founder of Tornado Cash, who was found guilty of conspiracy to operate an unlicensed money transmitting business. He noted that when evidence shows that software is truly decentralized and does not automate fraudulent activities, new charges against developers may not be approved.
New Approaches to Crypto Industry Regulation
The DOJ's shift in approach indicates a focus on intent and actual criminal conduct, rather than broad interpretations of laws. The new administration emphasizes that if a developer merely contributes code without intending to facilitate a crime, they will not face criminal liability.
The DOJ's stance on software developers in the crypto space may significantly alter law enforcement practices, allowing developers to operate without fear of prosecution if their actions are not intended to commit crimes.
