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Lawson // M&A
Advising leaders on strategic M&A growth at @relayzero. From defi and consumer to a @relayzero. Investing via Social Graph Ventures. Founder of RARA (acquired).
Lawson // M&A kirjasi uudelleen
The Storm conviction is unacceptable in “the crypto capital of the world.” Here are the necessary steps to right this wrong and protect software developers:
1) DOJ must accept the jury’s refusal to convict on money laundering and sanctions, and must not retry the case
2) DOJ must dismiss the Section 1960 charge, or else Roman must be pardoned
3) Congress must amend Section 1960 to clarify that money transmission requires control of funds and does not apply to the developers of non-custodial software
There is no greater threat to crypto than DOJ’s misguided war on developers, which started under Biden and must stop under Trump. This battle may have been lost, but the war will be won.
18,17K
Lawson // M&A kirjasi uudelleen
🚨NEW: Just caught @rstormsf outside the courtroom. I asked how he was feeling. In a quiet voice, but with a noticeable smile, he told me:
“It’s a big win. The ‘1960’ charge is bullshit and we’re going to fight it all the way. You know how President Trump said ‘fight, fight, fight’? We’ll do that too.”
He expressed relief at not being remanded to jail and mentioned his 5-year-old daughter as one of the reasons he plans to keep fighting the one charge he was convicted on.
He said he’s heading back to Seattle tomorrow.
154,67K
Lawson // M&A kirjasi uudelleen
Roman Storm was convicted for conspiracy to operate an unlicensed money transmitting business under Section 1960.
The jury was deadlocked on money laundering and sanctions. DOJ will decide in the coming days if it wants to retry those charges in a new trial.
A sad day for DeFi.
16,05K
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