Wake up babe, there's a new filing in Tornado Cash, and it's just about as embarrassing as the rest of the shitshow the DOJ has been assembling over the past two years 👇

This time, it persists that Storm profited from Tornado Cash smart contracts, arguing directly against arguments made by the Fifth Circuit, which found that "none of the immutable smart contracts entitle the smart-contract creators to a benefit."

Imagine a car manufacturer being held liable for profiting from illicit activity because a car they manufactured was used in a bank robbery, or a computer manufacturer because a machine they sold was used in a hack.

Tornado Cash should have stopped illicit activity, even though we concede that Tornado Cash couldn't stop illicit activity, or so the argument goes.

What about the Chainalysis sanctions oracle Tornado Cash implemented to block OFAC listed entities from accessing the service?

That's "window dressing," the Government says – an inefficient step that was only taken to "make a public announcement that TC wasn't violating the law." OK then.

The Government continues to appear to allege that the sole purpose of Tornado Cash was to enable criminal transactions, again making references to the prosecution of Silk Road operator Ross Ulbricht – ignoring the fact that while Silk Road operated as a dark net market, Tornado Cash illicit transactions are only estimated to have made up around 14% of overall activity be the Government's own calculations, primarily pertaining to funds originating from hacks.

What's worse is that the Government doubles down on charging the developers for the development of a User Interface, continuing to attempt to enforce FATF recommendation 66 against FinCEN guidance and despite the lack of official adoption.

This case is a complete abomination of the US justice system. Everyone working on its prosecution should be fired.

💯 A $300 fun and educational lotto ticket. A decentralized fleet of BitAxes will not overtake industrial mining operations (industrial-scale ASIC miners can produce hundreds or thousands of TH/s). Even if you gathered an army of 50,000 BitAxes (that's $15 million worth!), each producing 1.6 TH/s, you'd only reach about 80,000 TH/s combined.

A single warehouse of industrial miners can dwarf that entire fleet. And dreaming bigger with a million BitAxes? That's $300 million spent to achieve what a few racks of industrial ASICs can do.

It sounds like a good fight for a good cause, and it's a fun hobby project if you'd rather not save for a proper miner or stack more sats.

The harsh reality is that while buyers gamble on hitting a block with their 22W miners, the sellers marketing that distant hope are the ones consistently profiting from the $300 price tags.

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Attempting to share a link from #olas here:

#olas365

At long last, Primal 2.0 is here.

Our team has been working around the clock for many months to reach this milestone. Primal now offers a much more comprehensive view of Nostr, with the following additions:

- New tab: READS

- New tab: EXPLORE

- Feed Marketplace

- Advanced Search

We also launched Primal Premium. For $7/month, you can get a Primal Name and Nostr Tools for power users. We’ll cover all this in much more detail in the coming days. In the meantime, we invite you to download Primal 2.0, try it out and let us know how you like it.

Enjoy! 🤙💜

If the Matrix had been made in 2024.