DOJ Pushes for Retrial of Tornado Cash Developer Roman Storm
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DOJ seeks a new trial for Tornado Cash developer Roman Storm on two counts (money laundering and sanctions violations) after last year's four-week SDNY trial ended in a hung jury; Judge Katherine Polk Failla presided. Escalates regulatory and enforcement risk for crypto privacy mixers and DeFi, increasing compliance and security concerns and likely weighing on market/adoption sentiment.
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The U.S. Department of Justice (DOJ) has asked that Tornado Cash developer Roman Storm be put on trial anew on charges of money laundering and sanctions violations.
Last year, a jury was unable to reach a unanimous verdict on the two counts after a four-week hearing in the Southern District of New York (SDNY) presided over by U.S. District Judge Katherine Polk Failla.
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