Potential Retrial for Tornado Cash Co-Founder Roman Storm Following Guilty Verdict on Money Laundering Charge
Main Idea
Roman Storm, co-founder of Tornado Cash, faces a potential retrial after being found guilty of conspiracy to commit money laundering, with sentencing yet to be scheduled.
Key Points
1. Roman Storm was found guilty of conspiracy to commit money laundering related to Tornado Cash, with no sentencing date set yet.
2. A potential retrial has been approved by the US District Court for the Southern District of New York, possibly delaying proceedings until late 2025.
3. Storm’s lawyers and the US government agreed on a schedule that extends the timeline beyond the usual 70-day deadline.
4. Another Tornado Cash co-founder, Alexey Pertsev, was found guilty of money laundering in the Netherlands and sentenced to over five years in prison.
5. The case highlights ongoing legal scrutiny of cryptocurrency operations and their founders.
Description
Roman Storm, co-founder of Tornado Cash, was found guilty of conspiracy to run an unlicensed money business, with a potential retrial on other charges. Storm’s legal team and US prosecutors
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