US to Retry Roman Storm After Mixed Verdict
Summary
US prosecutors, led by Manhattan US Attorney Jay Clayton, have requested a retrial for Tornado Cash co-founder Roman Storm on two outstanding charges: conspiracy to commit money laundering and conspiracy to violate sanctions. A jury previously convicted Storm on one count of conspiring to operate an unlicensed money transmitting business but was deadlocked on the other two charges. Prosecutors are aiming for a trial starting between October 5 and 12, though they were prepared for as early as spring. Storm expressed frustration on X, noting the retrial on the two counts could lead to up to 40 years in prison for writing open-source code. Crypto advocacy groups criticized the decision, citing the prosecution's previous failures. This move comes despite a recent Treasury report acknowledging lawful uses for crypto mixers and a memo from the Deputy Attorney General suggesting the DOJ would cease actions that act as digital asset regulation.
(Source:Cointelegraph)