Roman Storm Verdict: A Turning Point for DeFi | Jake Chervinsky & Amanda Tuminelli

Jake Chervinsky and Amanda Tuminelli join us to unpack the Roman Storm verdict—what it means for DeFi, why Section 1960 is a looming threat to open-source developers, and the strong grounds for appeal. We discuss the legal, political, and legislative paths forward, the role of Congress in protecting developers, and how the crypto industry can mobilize to prevent future prosecutions. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ------ TIMESTAMPS 0:00 Intro 0:24 Verdict First Impressions 4:22 Was it Successful? 6:26 Second Trial? 9:47 Money Transmitter Debate 15:20 Optimistic Setup? 19:56 Levels of Precedent 26:04 What’s Next? 30:26 Crypto Industry Agency 34:01 Regulatory Acts 37:33 Two Paths 44:35 Trump Administration 49:02 Upcoming Administrations 53:45 Call to Action 56:55 Closing & Disclaimers ------ RESOURCES Jake Chervinsky https://x.com/jchervinsky Amanda Tuminelli https://x.com/amandatums DeFi Education Fund https://www.defieducationfund.org/ Fund Roman Storm https://freeromanstorm.com/ Fund Alex Pertsev https://juicebox.money/v2/p/713 ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠