Just to be clear about where we are with open source code these days. In 2026, developers are asking COURTS for permission to publish software. Asking for protection from future prosecution, and still not getting it. @LewellenMichael is doing exactly that. After watching Roman Storm v. USA, he does not feel safe shipping his code. Case: 5th Circuit Appeal:

The market may not appreciate this yet but L2s are a fantastic business. The past 24 hour transaction revenue on Robinhood Chain was over $1,222,000. And 10% goes back to Arbitrum. That’s a win-win

One thing before I start: everything in this post is public information from my own docket. None of it is new, and I'm not revealing anything you can't already find in the court filings yourself. The retrial just got pushed to April 26, 2027. The order came down today (Dkt. 300). My acquittal motion is still sitting there, undecided. I honestly don't know when this ends. Prosecutors are supposed to protect American interests and go after people who broke the law. A jury deadlocked on the two most serious counts against me. And still SDNY won't stop, because this case was never just about me. It's about setting an example. Don't take my word for it. Tara La Morte, the chief of SDNY's Illicit Finance and Money Laundering Unit, said it herself at a New York City Bar Association event (Law360, Feb. 23, 2024; filed on my docket as Doc. 25-2): "We want the industry to take notice." "What we're trying to do is sort of bring the industry into compliance, and I think Tornado Cash is an example of that." An example. Out of a developer who wrote code. At that same event, her deputy praised the government's blockchain-tracing partner, Chainalysis. Here is what they didn't tell the audience. All of it is from the public docket in my case. According to the trial transcripts, Chainalysis was running its OWN Tornado Cash relayer, and earning fees on the transactions flowing through it. - Chainalysis's own lawyers admitted to "a relayer node that Chainalysis operated"; my subpoena sought documents on Tornado Cash relayer(s) "used from March to August 2022." (Dkt. 211) - In open court, the prosecutor said it plainly: "I think the parties agree as to that part of the testimony, that the Chainalysis relayer earned fees." Same hearing: "there's zero evidence that the defendant was in any way aware that Chainalysis was running a relayer." (Dkt. 259, July 25, 2025) So the company that helped trace my "criminal" transactions was itself profiting from Tornado Cash transactions, while I was prosecuted over software I helped create. And when my lawyers subpoenaed them to testify? - Chainalysis moved to quash. (Dkt. 211) - The government backed them: "Your Honor, we agree with the position outlined in the motion." (Dkt. 255) - The night before, prosecutors called Chainalysis's counsel. The judge asked point-blank: "Did you let them know that they were potentially subject to investigation or prosecution?" The answer: "We have discussed at a high level some of the issues surrounding the relayer with Chainalysis." (Dkt. 259) - The Chainalysis witness took the Fifth. My lawyers learned about that call only afterward, from Chainalysis's own lawyer. (Dkt. 263) The jury never heard any of it. This spring, at the Bitcoin 2026 conference in Las Vegas, something happened that I still can't quite believe. The Acting Attorney General, Todd Blanche, and the FBI Director, Kash Patel, sat on a panel called "Code is Free Speech." Think about that. The two top law enforcement officials in the country. Blanche told thousands of developers: if you're a coder and you're not the one committing the crime, "you are not going to be investigated and not going to be charged." He said the last administration's crypto cases were "outrageous attacks on the industry." Patel praised "the Chainalysises of the world" as FBI partners. And when the moderator pointed at the elephant in the room, my case, Tornado Cash, Roman Storm, the Acting Attorney General called it a "lingering case" they are "continuing to deal with." So here is my hypothetical question. If code is free speech, why am I still being prosecuted for writing it? And if the Chainalysises of the world are the partners, the same Chainalysis that ran its own Tornado Cash relayer and earned fees from Tornado Cash users, while I never did, why is it off the hook? They made an example out of a developer for writing code. Their own vendor ran the same infrastructure, pocketed the fees, and got a phone call instead of a prosecution. Sources 👇👇👇

1/ Thrilled to announce that Aligned has completed its Protocol Guild pledge, donating 1.5% of the $ALIGN token supply to Ethereum's core contributors 🌟 These tokens are now vesting onchain over 4 years:

Opponents to tapered issuance reduction: how do you feel about a capped validator set with validator rotation? This would effectively cap the maximum annual issuance of $ETH while preserving APY for the active validator set. Do solo stakers prefer this approach?

After 10+ years of using @golang, I can only count a handful times I really wish I had the ternary operator. However, I'm not so sure it was a worthwhile decision to purposefully omit that feature from the language for readability because people are writing smelly code anyway...

🚨 New EIP: Tapered Issuance Burn We just submitted an EIP to ethereum/EIPs: a minimal, market-driven fix to Ethereum's issuance policy removing the incentive for stake growth beyond 50% of ETH supply. EIP-8361 by @pintail_xyz, @jdetychey, @dapplion, @pa7x1, @ladislaus0x & @drakefjustin 🧵

It’s an interesting feeling to be in the middle of a bear market ...yet more bullish than ever! First 6 months of 2026 @Offchain -> @Arbitrum: • Arbitrum One monthly stablecoin transfer volume >$60B, and RWA TVS >$850M • @RobinhoodCrypto Chain launched 3 weeks ago - ~$750M TVL, $9.2B DEX volume • @LGUS is piloting a chain for its ad network spanning 38 countries & a 400M+ device base • @PayPal PYUSD peaked at $428M on Arbitrum • @CashApp, @Mastercard, @tryramp, @Venmo now all settle stablecoins on Arbitrum One • Dynamic Pricing V1 live - smoothing gas prices & enabling up to 910 MGas/s back in Jan • Shipped ArbOS 51. ArbOS 61 now in governance: • Compliance tooling, ZK settlement, Privacy infrastructure, PGA, Fast Feed & new economic levers actively in development • More major enterprise projects we can’t talk about yet 👀 @zerodev_app: • Wallet UI SDK • Smart Routing Address (SRA) - universal deposit address for chain abstraction • Key Management Service (KMS) - TEE-backed tx signing • Solana gas sponsorship • Co-authoring Native AA for Ethereum • More coming soon 👀 @prylabs: • Helped define L1 Strawmap for Ethereum 3.0 (oops…I said it 🙊) • Helped ship Fusaka • Championed ePBS & co-authored FOCIL • Helping define & build out Glamsterdam You aren’t bullish enough, anon.