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US DOJ Considers New Approach to Enforcement in Crypto Industry

US DOJ Considers New Approach to Enforcement in Crypto Industry

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by Giorgi Kostiuk

2 hours ago


At a summit in Wyoming, a US DOJ official hinted at potential changes to the enforcement strategy regarding cryptocurrencies, which may affect cases like that of Roman Storm.

DOJ Statement at the Summit

Matthew Galeotti, acting assistant attorney general, stated at the summit organized by the American Innovation Project that the Department is considering revising its approach to certain enforcement cases related to cryptocurrency and blockchain. He noted that "merely writing code, without ill intent, is not a crime," indicating a possible shift towards more balanced law enforcement.

Roman Storm's Case and Its Implications

Roman Storm, co-founder of Tornado Cash, was found guilty of one felony count in August 2023. Although Galeotti did not mention him directly, he addressed cases similar to Storm's, affirming that the Department aims for "even-handed enforcement of the law."

Community Reaction to New Statements

Galeotti's statements met with positive reactions among the crypto community. Supporters of Storm reiterated that "writing code is not a crime," echoing Galeotti's sentiments. This discussion around new enforcement approaches highlighted significant changes in the stance towards digital asset developers.

By expressing intent to revise enforcement approaches in cryptocurrency, US DOJ officials may be moving closer to significant changes in judicial practice regarding cases like Roman Storm's.

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