The statement of the acting assistant to the general prosecutor of the criminal department of the US Ministry of Justice Matthew Galeotti sounded on Thursday, on a summit organized by an American innovative project.
“Development of new ways to store and transfer value, as well as creating wealth in an economy without malicious intent, is not a crime. However, the criminal administration will continue to pursue those who deliberately commit crimes or contribute to the commission of crimes, including fraud, laundering of money and evasion of sanctions, ”Galeotti said.
The official added that his department is also moving away from “the practice of using federal criminal laws in the formation of a new regime of regulation of the digital asset industry.”
“The accusations will not be submitted in cases where the evidence shows that the software is really decentralized and automates exclusively one -rat transactions, and when the third party does not have control over user assets,” Galeotti said.
The position of the US Ministry of Justice can reduce the potential risks of criminal prosecution for the creators of decentralized protocols and digital assets mixing services such as Tornado Cash.
Earlier, the jury of the Southern District of New York recognized the developer of the Cryptomixer Tornado Cash Roman Storm guilty of accusation of the unlicensed money transfer service.
Source: Bits
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