DOJ moves forward with trial for Tornado Cash's Roman Storm
The Department of Justice (DOJ) is moving forward with a trial for Tornado Cash co-founder Roman Storm, set to begin in July 2025. Initially, the DOJ indicated it would reconsider the case following Deputy Attorney General Todd Blanche's remark about stopping regulatory actions in this area. Although a compliance charge related to money-transmitter registration was dropped, the remaining charges focus on money laundering. Storm's situation is critical as it highlights the DOJ's shift in approach, emphasizing prosecution of individuals using platforms for illicit activities rather than the platforms themselves. This case raises concerns within the developer community regarding potential liability, impacting innovation in the U.S. According to industry experts, the case could lead to legal precedents that deter developers from creating in the U.S. environment for crypto and technology, potentially pushing innovation offshore.
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