Acting Assistant Attorney General Matt Galeotti announced that the Department of Justice will not approve new charges under Section 1960(b)(1)(C) against third parties if software is truly decentralized and automated, with no third-party control over user assets. This clarification, made during a speech in Jackson Hole, aims to align with principles of notice and fairness. The announcement could impact appeals, such as that of @rstormsf, previously found guilty under this section. Galeotti emphasized that well-intentioned innovators should not fear legal repercussions, a statement that resonated strongly with industry members, earning a standing ovation.