Tornado Cash dev Roman Storm trial goes ahead with slight trim
The trial of Roman Storm, co-founder of Tornado Cash, is proceeding with a minor adjustment as one count in the indictment has been dropped. The U.S. government will continue with the remaining charges, which include conspiracy to operate an unlicensed money transmitting business. This change follows a memo from Deputy Attorney General Todd Blanche indicating a shift in the Justice Department's approach towards crypto enforcement, stating they would no longer prosecute crypto mixers for the actions of their users. Storm has pleaded not guilty, facing accusations that Tornado Cash laundered over $1 billion in crypto, associated with illegal activities including support for sanctioned entities. Charges against him include money laundering conspiracy and conspiracy to violate U.S. sanctions, with potential sentences of up to 20 years in prison. His co-founder, Roman Semenov, remains at large in Russia, and the trial is set for July 14. Other crypto executives have also cited the memo in efforts to dismiss various charges against them.
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