DOJ Will Still Pursue Roman Storm Case Despite Blanche Memo, Prosecutors Say

DOJ Will Still Pursue Roman Storm Case Despite Blanche Memo, Prosecutors Say

The U.S. Department of Justice will drop part of one count of its case against Tornado Cash developer Roman Storm due to a recent policy memo, the agency said Thursday.The DOJ will not go to trial on a charge alleging Storm failed to comply with money transmitter business registration rules, but still plans to go to trial in July over allegations he knowingly transmitted funds tied to crimes, conspired to commit money laundering and conspired to…

U.S. Justice Department is Advancing Its Case Against Tornado Cash Co-founder and 12 Defendants

The U.S. Department of Justice (DOJ) is advancing its case against Tornado Cash co-founder Roman Storm, charging him with conspiracy to commit money laundering, sanctions evasion, and operating an unlicensed money-transmitting business. While some charges related to unlicensed money transfers have been partially trimmed, the core allegations remain, and Storm is set to face trial. […] The post U.S. Justice Department is Advancing Its Case Agains…

DOJ moves forward with trial for Tornado Cash's Roman Storm

This is a segment from the Empire newsletter. To read full editions, subscribe. The Department of Justice will continue its case against Tornado Cash’s Roman Storm.  Previously, the DoJ said it was going to reconsider, after an internal memo from Deputy Attorney General Todd Blanche said that the department would “stop participating in regulation by prosecution in this space.” There was a slight change in the case, per the letter, which will dro…

Tornado Cash Co-Founder Roman Storm to Face Trial in July Over Money Laundering Charges

Roman Storm will face trial in July for laundering billions through Tornado Cash and violating US laws. Prosecutors dropped one charge but will continue with key allegations tied to money laundering and sanctions. The crypto community says Tornado Cash is a tool and should not be treated as a criminal service. Roman Storm, co-founder of Tornado Cash, will go on trial starting July 14 in New York. The U.S. Department of Justice confirmed the date…

The DOJ pursues Roman Storm despite the partial withdrawal of a registration charge as a "money transmitter", citing a recent clarification of the grey regulatory areas. Three major charges remain: transmission of funds related to crimes, conspiracy to launder money and violation of international sanctions. The defence invokes the developers' freedom of expression, assimilating the code to a form of protected discourse, which could make jurispru…

Roman Storm Still on the Hook as Trial Set for July 14

Roman Storm, one of the founders of Tornado Cash, is still facing federal charges, but federal prosecutors have agreed to drop one part of the case.