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In this episode, David Z. Morris breaks down the Roman Storm trial, explaining Tornado Cash’s origins, the split verdict, and why the case sets a critical precedent for financial privacy. He highlights how the jury’s hung decision reflects deeper debates about decentralization, crypto regulation, and the limits of state power over code. Enjoy!
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Follow David: https://x.com/davidzmorris
Follow Rizzo: https://x.com/pete_rizzo_
Follow Supply Shock: https://twitter.com/SupplyShockBW
Follow Blockworks: https://twitter.com/Blockworks_
Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx
Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock
Supply Shock Survey: https://bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6
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Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFF
https://blockworks.co/event/digital-asset-summit-2025-london
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Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.
Visit https://www.ledn.io/ to learn more.
—
Timestamps:
(00:00) Introduction
(03:25) Breaking Down Roman Storm Trial Verdict
(05:49) Background of Tornado Cash
(09:29) The Arrest and Charges
(11:58) Legal Nuances & Defense
(14:18) Ledn Ad
(14:55) Legal Nuances & Defense
(18:51) Journalistic Perspective
(26:15) The Importance of Digital Privacy
(26:54) Prosecution's Mistakes and Cover-Ups
(28:07) The First Witness & Payback.com Scam
(31:13) Jury's Deliberation & Technical Challenges
(31:51) Ledn Ad
(32:37) Jury's Deliberation & Technical Challenges
(35:44) Administration's Stance on Crypto Cases
(38:54) Appeal Process & Legal Implications
(44:28) Future of Financial Privacy
(50:09) Final Thoughts
—
Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
#Bitcoin #Crypto #SupplyShock
By Blockworks4.4
106106 ratings
In this episode, David Z. Morris breaks down the Roman Storm trial, explaining Tornado Cash’s origins, the split verdict, and why the case sets a critical precedent for financial privacy. He highlights how the jury’s hung decision reflects deeper debates about decentralization, crypto regulation, and the limits of state power over code. Enjoy!
—
Follow David: https://x.com/davidzmorris
Follow Rizzo: https://x.com/pete_rizzo_
Follow Supply Shock: https://twitter.com/SupplyShockBW
Follow Blockworks: https://twitter.com/Blockworks_
Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx
Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock
Supply Shock Survey: https://bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6
—
Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFF
https://blockworks.co/event/digital-asset-summit-2025-london
—
Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.
Visit https://www.ledn.io/ to learn more.
—
Timestamps:
(00:00) Introduction
(03:25) Breaking Down Roman Storm Trial Verdict
(05:49) Background of Tornado Cash
(09:29) The Arrest and Charges
(11:58) Legal Nuances & Defense
(14:18) Ledn Ad
(14:55) Legal Nuances & Defense
(18:51) Journalistic Perspective
(26:15) The Importance of Digital Privacy
(26:54) Prosecution's Mistakes and Cover-Ups
(28:07) The First Witness & Payback.com Scam
(31:13) Jury's Deliberation & Technical Challenges
(31:51) Ledn Ad
(32:37) Jury's Deliberation & Technical Challenges
(35:44) Administration's Stance on Crypto Cases
(38:54) Appeal Process & Legal Implications
(44:28) Future of Financial Privacy
(50:09) Final Thoughts
—
Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
#Bitcoin #Crypto #SupplyShock

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