Roman Storm’s conviction for his involvement with Tornado Cash has sparked debate about whether the U.S. is shrinking crypto privacy rights, despite the White House’s recent emphasis on self-custody and individual freedoms. This case raises questions similar to earlier battles regarding Silk Road, focusing on criminal intent, control of immutable smart contracts, and if privacy can ever truly outweigh security concerns. Meanwhile, the White House is pushing for a clear taxonomy of digital assets – classifying them as commodities or securities – highlighting unresolved definitions and liability standards that continue to shape U.S. crypto policy discussions. In this conversation, experts discuss Storm’s conviction’s legal implications and the broader policy context. Magazine interviewed Joshua Chu, the Hong Kong Web3 Association; Yuriy Brisov of Digital & Analogue Partners; and Charlyn Ho from Rikka law firm. These experts shed light on the tension between privacy and security in crypto, considering the White House’s stance while acknowledging differing viewpoints within the industry.