Also, while I’m feeling pissed off: I honestly can’t believe that SDNY has the nerve to argue that FinCEN guidance doesn’t count anyway. Come on guys, I get that you want to win, but it’s not a game of whack a mole. You can win without making that destabilizing and very unfair…

Just think about how you’d feel as a client if your lawyer explained that the regulatory guidance on a federal government agency website isn’t dispositive and you might still go to prison if you follow it but that you can’t ask the prosecutors for guidance in the alternative.

This move by the DOJ could have chilling effects on the entire tech sector. We need to stand up for developer rights and innovation. #CryptoRegulation #TechFreedom #PrivacyMatters

Government over reach like this doesn’t just threaten crypto and private payments, it threatens all kinds of open source decentralized software projects. If a software developer that makes a privacy wallet is liable for transactions, why not an encrypted messaging app developer?

Coin Center x Peter Van Valkenburgh defend what should be defended — your rights

coincenter.org/dojs-new-stanc…

👀

Response from Peter Van Valkenburgh via Coin Center on last week's actions that threaten 'our fundamental freedoms of speech and privacy.'

coincenter.org/dojs-new-stanc…

Gonna need a lot of this type of support, sadly. This 'legislation through prosecution' game is just crazy and a blatant rights violation in the US in particular.

Appreciate Coincenter's attention and I look forward to them taking some proactive steps in this matter 🙏

Peter Van Valkenburgh Their 'locked parcel' analogy also fails because the carrier of the parcel *does* have some control over the parcel. For example they could lose it or destroy it.

The only thing non-custodial wallets can do is fail to tell the recipient that the transaction exists.

Arrest this man he talks in maths

'This is an insidious development that appears to be nothing less than regulation by criminal enforcement.' - Peter Van Valkenburgh coincenter.org/dojs-new-stanc…

'In other words, for as long as cryptocurrency has existed, the law has been unambiguous: non-custodial cryptocurrency developers are not money transmitters.'

I've compiled a list of gourmet bodegas around DC that are better than Foxtrot anyway.

Send me any I missed!

washingtonian.com/2024/04/24/gou…