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Roman Storm Retrial Delayed After Court Grants Extension

2025-08-12 20:44:38

Main Idea

Roman Storm's retrial has been delayed to December 2025, and Tornado Cash developers continue to face legal scrutiny, while various cryptocurrency-related developments and partnerships are highlighted.

Key Points

1. Roman Storm's retrial has been postponed to December 2025 after the court approved extended deadlines.

2. Storm was convicted on one count of conspiracy to operate an unlicensed money-transmitting business and violating US sanctions.

3. Tornado Cash co-founders Roman Semenov and Alexey Pertsev are also facing legal challenges, with Pertsev convicted of money laundering in the Netherlands.

4. Chainlink has partnered with ICE to integrate forex and metals data into decentralized finance.

5. Paxos is seeking regulatory approval to become a national trust bank to expand its services.

6. TRM Labs reports that the Embargo ransomware group has moved $34M in crypto since April, targeting US hospitals and infrastructure.

7. Despite political promises, crypto debanking persists in the US, with banks still closing crypto firm accounts.

Description

Roman Storm Retrial Pushed to Late 2025 Roman Storm’s legal battle over his role as Tornado Cash co-founder will extend well into next year after a US court approved a procedural delay that could push any potential retrial to December 2025. Court Approves Extended Deadlines In a filing to the US District Court for the Southern District of New York on Monday, Judge Katherine Failla agreed to a schedule proposed by both Storm’s defense team and federal prosecutors. The new timeline moves key deadl...

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