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Crypto group asks Trump to end prosecution of crypto devs, Roman Storm

The crypto lobby group, the DeFi Education Fund, has petitioned the Trump administration to end what it claimed was the “lawless prosecution” of open-source software developers, including Roman Storm, a creator of the crypto mixing service Tornado Cash.

In an April 28 letter to White House crypto czar David Sacks, the group urged President Donald Trump “to take immediate action to discontinue the Biden-era Department of Justice’s lawless campaign to criminalize open-source software development.” 

The letter specifically mentioned the prosecution of Storm, who was charged in August 2023 with helping launder over $1 billion in crypto through Tornado Cash. His trial is still set for July, and his fellow charged co-founder, Roman Semenov, is at large and believed to be in Russia.

The DeFi Education Fund said that in Storm’s case, the Department of Justice is attempting to hold software developers criminally liable for how others use their code, which is “not only absurd in principle, but it sets a precedent that potentially chills all crypto development in the United States.”

The group also called for the recognition that the prosecution contradicts the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) guidance from Trump’s first term, which established that developers of self-custodial, peer-to-peer protocols are not money transmitters. 

Crypto group asks Trump to end prosecution of crypto devs, Roman Storm
Source: DeFi Education Fund

“This kind of legal environment does not just chill innovation — it freezes it,” they argued. The letter added that it also “empowers politically-motivated enforcement and puts every open-source developer at risk, regardless of industry.”

In January, a federal court in Texas ruled that the Treasury overstepped its authority by sanctioning Tornado Cash. 

Stakes could not be higher

The group thanked Trump for his support of the industry and his stated goal to make America the “crypto capital of the planet.” 

They added, however, that his goal can’t be realized if developers are prosecuted for building tools that enable the technology.

“We ask President Trump to protect American software developers, restore legal clarity, and end this unlawful DOJ overreach. The job’s not finished, and the stakes could not be higher.”

Related: Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Variant Fund chief legal officer Jake Chervinsky said the Justice Department’s case against Storm is “an outdated remnant of the Biden administration’s war on crypto.” 

“There is no justification in law or policy for prosecuting software developers for launching non-custodial smart contract protocols,” he added. 

At the time of writing, the petition had attracted 232 signatures from industry executives and developers, including Coinbase co-founder Fred Ehrsam, Paradigm co-founder Matt Huang, and Ethereum core developer Tim Beiko, among others.

Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest

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Conservative Senedd member Laura Anne Jones announces defection to Reform UK

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Conservative Senedd member Laura Anne Jones announces defection to Reform UK

Conservative Senedd member Laura Anne Jones has joined Reform UK, the party has announced.

The announcement of the party’s first member of the Senedd was made on Tuesday at the Royal Welsh Show in Builth Wells, Powys.

The annual event is Europe’s largest agricultural show and attracts thousands of visitors every year.

Laura Anne Jones was initially a member of the Senedd for the South Wales East region between 2003 and 2007, before returning in 2020.

She is the second high-profile defection from the Conservative party, after former cabinet minister David Jones joined the party earlier this month.

Reform press conference
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(L-R) Nigel Farage, David Jones and Laura Anne Jones at the news conference

Reform leader Nigel Farage said the latest defection was a “big step forward for Reform UK in Wales”.

Speaking at the news conference, Ms Jones said she had been a member of the Conservative party for for 31 years but that the party was now “unrecognisable to [her]”.

She said the Conservative Party “wasn’t the party that [she] joined over three decades ago” and that she could “no longer justify” party policy on the doorstep.

Ms Jones said Wales was “a complete mess” and that she now wanted to be “part of the solution not the problem”.

Reform is still without a leader in Wales, but Ms Jones did not rule herself out of the running for that position.

The defection comes with less than a year to go until the Senedd election, when voters in Wales will elect 96 members to the Welsh parliament for the first time – an increase of more than 50%.

Recent opinion polls have shown Reform UK and Plaid Cymru vying for pole position, with Labour in third and the Conservatives in fourth.

Ms Jones said she had not notified the Conservative Party of her defection before the announcement.

The party’s Senedd leader Darren Millar said he was “disappointed” with the announcement and that Conservative members and voters would feel “very let down by her announcement”.

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Republicans propose 7% leaner SEC budget compared to Biden’s era

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Republicans propose 7% leaner SEC budget compared to Biden’s era

Republicans propose 7% leaner SEC budget compared to Biden’s era

House Republicans have proposed a plan to trim the SEC’s budget and cut enforcement funding for a Biden-era rule requiring public companies to quickly report cyberattacks.

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Pressure grows to leave ‘mad’ Aarhus Convention used to block UK building projects

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Pressure grows to leave 'mad' Aarhus Convention used to block UK building projects

Pressure is growing to renegotiate or leave an international convention blamed for slowing building projects and increasing costs after a judge warned campaigners they are in danger of “the misuse of judicial review”.

Under the Aarhus Convention, campaigners who challenge projects on environmental grounds but then lose in court against housing and big infrastructure have their costs above £10,000 capped and the rest met by the taxpayer.

Government figures say this situation is “mad” but ministers have not acted, despite promising to do so for months.

The Tories are today leading the call for change with a demand to reform or leave the convention.

In March, Sky News revealed how a computer scientist from Norfolk had challenged a carbon capture and storage project attached to a gas-fired power station on multiple occasions.

Andrew Boswell took his challenge all the way the appeal court, causing delays of months at a cost of over £100m to the developers.

In May, the verdict handed down by the Court of Appeal was scathing about Dr Boswell’s case.

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“Dr Boswell’s approach is, we think, a classic example of the misuse of judicial review in order to continue a campaign against a development… once a party has lost the argument on the planning merits,” wrote the judges.

They added: “Such an approach is inimical to the scheme enacted by parliament for the taking of decisions in the public interest,” adding his case “betrays a serious misunderstanding of the decision of the Supreme Court” and “the appeal must therefore be rejected”.

Another case – against a housing development in a series of fields in Cranbrook, Kent – was thrown out by judges in recent weeks.

The case was brought by CPRE Kent, the countryside challenge, to preserve a set of fields between two housing developments alongside an area of outstanding natural beauty.

John Wotton, from CPRE Kent, suggested it would have been hard to bring the challenge without the costs being capped.

“We would’ve had to think very carefully about whether we could impose that financial risk on the charity,” he told Sky News.

After his case was dismissed, Berkeley Homes said the situation was “clearly absurd and highlights how incredibly slow and uncertain our regulatory system has become”.

They added: “We welcome the government’s commitment to tackle the blockages which stop businesses from investing and frustrate the delivery of much needed homes, jobs and growth.

“We need to make the current system work properly so that homes can actually get built instead of being tied-up in bureaucracy by any individual or organisation who wants to stop them against the will of the government.”

‘Reform could breach international law’

Around 80 cases a year are brought under the Aarhus Convention, Sky News has learned.

The way Britain interprets Aarhus is unique as a result of the UK’s distinctive legal system and the loser pays principle.

Barrister Nick Grant, a planning and environment expert who has represented government and campaigns, said the convention means more legally adventurous claims.

“What you might end up doing is bringing a claim on more adventurous grounds, additional grounds, running points – feeling comfortable running points – that you might not have otherwise run.

“So it’s both people bringing claims, but also how they bring the claims, and what points they run. This cap facilitates it basically.”

However, Mr Grant said that it would be difficult to reform: “Fundamentally, the convention is doing what it was designed to do, which is to facilitate access to justice.

“And it then becomes a question for the policymakers as to what effect is this having and do we want to maintain that? It will be difficult for us to reform it internally without being in breach of our international law obligations”

In March, Sky News was told Number 10 is actively looking at the convention.

Multiple figures in government have said the situation with Britain’s participation in the Aarhus Convention is “mad” but Sky News understands nothing of significance is coming on this subject.

Read more from Sky News:
Compensation scheme for blood scandal widened
Government to review state pension age

Jenrick's leaked recording on 'coalition' with Reform UK
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‘The country faces a choice,’ says Robert Jenrick

The Tories, however, want action.

Robert Jenrick, shadow justice secretary and former housing minister, said the Tories would reform or leave the convention.

He told Sky News: “I think the country faces a choice. Do we want to get the economy firing on all cylinders or not?

“We’ve got to reform the planning system and we’ve got to ensure that judicial review… is not used to gum up the system and this convention is clearly one of the issues that has to be addressed.

“We either reform it, if that’s possible. I’m very sceptical because accords like this are very challenging and it takes many many years to reform them.

“If that isn’t possible, then we absolutely should think about leaving because what we’ve got to do is put the interest of the British public first.”

Mr Jenrick also attacked the lawyers who work on Aarhus cases on behalf of clients.

“A cottage industry has grown. In fact, it’s bigger than a cottage industry,” he said.

“There are activist lawyers with campaign groups who are now, frankly, profiteering from this convention. And it is costing the British taxpayer a vast amount of money. These lawyers are getting richer. The country is getting poorer.”

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