🚨NEW: From remarks by Acting Assistant Attorney General Matt Galeotti, DOJ Criminal Division, in Jackson Hole: "Going forward, consistent with principles of notice and fairness, let me make the following clear — where the evidence shows that software is truly decentralized and solely automated, peer to peer transactions, and where a third party does not have custody and control over user assets, new 1960(b)(1)(c) charges against a third party will not be approved, though the criminal intent is present." Section 1960(b)(1)(C) was the charge @rstormsf was found guilty on. One legal expert I was sitting with tells me @rstormsf can point to this in his appeals process. Another memorable quote: “Well intentioned innovators do not have to fear for their liberty.” Galeotti’s speech received a standing ovation from industry members in the room. One, who’s worked in DeFi for nearly 10 years, was even tearing up. A powerful moment to witness.