A coalition of crypto-advocacy groups has left its weight behind a federal lawsuit that challenges the U.S. Department of Justice (DOJ) efforts to sue open source software developers under currency transfer laws.
Crypto Investment Company Paradigm, Defi Education Fund, Blockchain Association, Crypto Innovation Committee, etc. Filed Monday’s Amicus summary was to support developer Michael Lewellen, who set up a non-monitoring defi protocol and plans to release it publicly.
The panels believe that the U.S. Department of Justice is abused by the U.S. Code, which was originally intended to regulate unlicensed currency transmitters by extending it to developers of decentralized software.
“The government is actively prosecuting multiple developers of peer-to-peer cryptocurrency software (…) even if these developers simply release open source software,” the document said.
Related: Judge Signs Tornado Cash Sanctions May Be Banned for Rome Storm Trial
DOJ criticizes targeting crypto encoders
The summary criticized the Justice Department’s interpretation of “currency transfer”, including developers who wrote code for tools for others to trade independently. It compares how the Justice Department sued the frying pan manufacturer for someone cooking.
Briefly: “In its explicit sense, Article 1960 does not extend that far…a person cannot ‘transmit’ or ‘transfer’ funds on behalf of someone without accepting and waiveing custody or control.”
The summary believes that the Justice Department’s position has sowed legal uncertainty, preventing developers from building enhanced privacy tools or decentralized financial infrastructure.
Lobby Group warned that if the legal environment remains unchanged, innovation will move to the offshore. “In the face of possible prosecution of (…) developers will choose to move out of sea or stop creating their tools altogether.”
Apply as the U.S. Department of Justice continues to pursue such as US v. Storm and Usv. The arrival of cases like Rodriguez Tools such as tornado Face criminal charges under the same regulations.
The summary urged the court to refuse to dismiss the motion and allow the case to proceed, saying only a declarative judgment can clarify the law and protect U.S. neutral software development.
Related: Open Source Debate: Is cryptocurrency losing its soul?
Coin Center Lost Tornado Cash Appeal
Thursday, the 11th Circuit Court of Appeals Coin Center lawsuit dismissed U.S. Treasury Department’s 2022 sanctions on tornado cash.
The firing was conducted through a common agreement between the Coin Center and the Ministry of Finance, effectively ending the legal challenge of the Crypto Propaganda Group to the Office of Foreign Assets Control for the designated hybrid services.
Coin Center Original The Ministry of Finance believes that Legal authority through approval of smart contracts and related wallet addresses. Litigation follows broader legal challenges, including High-profile cases supported by Coinbase Represents six Tornado Cash users.
Magazine: Highly convinced that ETH will surge by 160%, Sol’s emotional opportunity: Business Secrets
