What does this mean for DeFi and regulators?

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The outcome leaves regulators, developers, and the crypto community in a legal grey zone:

DeFi advocates may see this as a win for open systems and innovation.

The Department of Justice has not confirmed a retrial yet.

The case echoes challenges from the Tornado Cash case, where U.S. sanctions were struck down on appeal.
Overall, the trial underscores ongoing debates on regulating blockchain and criminal misuse in decentralized networks.

[Rimon Khan]

It’s a wake-up call — DeFi transparency and compliance can’t stay optional forever. ️