The Tornado Cash developer’s trial this summer is evidence that the crypto industry is still severely lacking regulatory clarity.
The DOJ filed its own post-trial motion last week, pushing back against Storm's motion for acquittal.
Earlier this week, a New York jury found Storm guilty of operating an unlicensed money transmission business, a verdict he is preparing to appeal.
After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to commit money laundering charge or the sanctions evasion charge.
The Roman Storm trial has hit a snag after four days of jury deliberations, with jurors informing the court that they remain deadlocked on certain charges, according to an Aug. 6 court reporting from Inner City Press. Judge Katherine Polk Failla revealed that the jury had submitted a note stating some members were firmly set […]
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After four days of deliberations, the New York jury deciding Tornado Cash Roman Storm’s fate said they can’t reach a unanimous verdict on all three charges.
An intriguing twist in the trial of Tornado Cash co-founder Roman Storm emerged after one juror reportedly requested time off to attend her mother’s birthday celebration. On Aug. 4, Inner City Press shared updates from the courtroom, revealing that the juror, identified as “Ms. Nelson,” had asked for a break from deliberations on Aug. 5. […]
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In their lengthy closing arguments on Wednesday, attorneys for both sides battled to win over the jury before releasing the group to decide the Tornado Cash developer’s fate.
After three days of witness testimony, Storm’s defense team rested their case on Tuesday.
In open court on Friday morning, prosecutors told the judge that they were weighing the possibility of criminally charging a general partner at Dragonfly Capital for his involvement with Tornado Cash, leading to him refusing to testify in Roman Storm's defense.
Over the last several trial days, the government laid out its case that Roman Storm could have changed the Tornado Cash protocol to make it less attractive to cyber criminals, but chose not to.
Tornado Cash developer Roman Storm told one victim’s lawyer that he couldn’t do anything to retrieve the funds given the decentralized nature of the protocol.
Storm’s lawyers say their client had nothing to do with the criminals using Tornado Cash. Prosecutors say he was capable of stopping them, and chose not to.
Opening arguments are set to begin shortly.
Roman Storm faces charges of conspiracy to commit money laundering, violating U.S. sanctions, and operating an unlicensed money-transmitting business.
If convicted on all three charges, Storm faces a maximum sentence of 45 years in prison.
Tornado Cash co-founder Roman Storm took to Twitter with an urgent plea for support, ahead of his high-profile trial date tomorrow. Storm, who has been battling legal charges for nearly two years, is calling on the crypto community to help raise $500,000 in the next few days and $1.5 million in the coming weeks to […]
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Prosecutors claimed a Tornado Cash developer asked about laundering $600 million, but he had merely forwarded a message from a reporter.
Barring what she described as a “unicorn” piece of evidence that would force the discussion of the now-illegal sanctions, District Judge Katherine Polk Failla said no to sanctions talk at trial.
“The words ‘Van Loon’ are not going to show up in this trial,” District Katherine Polk Failla said during a Tuesday hearing in Manhattan.
The Tornado Cash developer is slated to go on trial later this summer.
Storm’s lawyers asked the court to order prosecutors to turn over any potentially helpful evidence in their case against the developer.
Storm's attorneys filed a letter Friday asking a judge to order prosecutors to review their records.
Senior FinCEN employees told prosecutors that non-custodial protocols might not qualify as money services businesses in an August, 2023 call.
The Department of Justice said it had reviewed the memo by Todd Blanche with his office.
Roman Storm, one of the developers behind the Tornado Cash privacy protocol, has petitioned the United States Supreme Court to halt a district court order that would compel him to reveal his defense strategy to the government before trial. The move, first reported by The Rage, argues that such a disclosure would violate longstanding legal […]
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Storm faces a maximum prison sentence of 45 years for money laundering related charges in his part in developing crypto mixer Tornado Cash.
Vitalik Buterin, alongside others in that community, are calling on the Trump administration to help free Virgil Griffith and Roman Storm.
Roman Storm, developer of the crypto-mixing platform Tornado Cash, has filed a motion to dismiss the criminal charges filed against him by US authorities. His request follows a significant legal decision by the Fifth Circuit Court, which ruled that sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on Tornado Cash’s immutable […]
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Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.