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Blockspace: AI News · Aug 20, 2025 · 53 min

The Tornado Cash Trial, Explained

David Z Morris joins us to talk about his extensive coverage of the Tornado Cash trial. We dive deep into Roman Storm's conviction, the legal precedent for privacy tools, and the chilling effects on open source development in crypto. Subscribe to the newsletter! https://newsletter.blockspacemedia.com NOTES: • Jury hung on 2 charges, guilty on 1 MTB charge • North Korea Lazarus laundered $600M • No direct OFAC-sanctioned wallets used the service • Appeal process could take years to resolve Timestamps: 00:00 Start 00:41 Why the Tornado Cash Story? 05:06 What is Tornado Cash? 11:15 What does Tornado Cash Do? 14:01 Autonomous Smart Contracts 19:34 Run as a Business 23:57 Profits 24:58 Criminal Charges 31:43 Future of Open Source Development 37:15 Advice for Privacy Devs 42:43 Public Perception 46:09 Journalism & Privacy 49:10 What Happens Now? - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

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show notes

David Z Morris joins us to talk about his extensive coverage of the Tornado Cash trial. We dive deep into Roman Storm's conviction, the legal precedent for privacy tools, and the chilling effects on open source development in crypto.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

NOTES:

• Jury hung on 2 charges, guilty on 1 MTB charge

• North Korea Lazarus laundered $600M

• No direct OFAC-sanctioned wallets used the service

• Appeal process could take years to resolve

Timestamps:

00:00 Start

00:41 Why the Tornado Cash Story?

05:06 What is Tornado Cash?

11:15 What does Tornado Cash Do?

14:01 Autonomous Smart Contracts

19:34 Run as a Business

23:57 Profits

24:58 Criminal Charges

31:43 Future of Open Source Development

37:15 Advice for Privacy Devs

42:43 Public Perception

46:09 Journalism & Privacy

49:10 What Happens Now?

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

 

 

Learn more about your ad choices. Visit megaphone.fm/adchoices

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