Crypto Industry Urges Trump to Intervene in Tornado Cash Case

Over 65 blockchain companies and organizations have sent a letter to former President Donald Trump, calling for his intervention in the ongoing legal case involving Roman Storm, co-founder of the popular cryptocurrency privacy tool, Tornado Cash. Storm was convicted of operating an unlicensed money transmitting business but maintains his innocence, arguing that writing code is not a crime. The letter calls on relevant authorities, including the Department of Justice (DOJ), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) to provide clarity on regulations for the crypto sector.