The SEC Chair Who Sued Ripple Is Now Prosecuting Roman Storm

Key Points

1. Roman Storm, co-founder of Tornado Cash, is set to go on trial in New York for his involvement in the coin mixing service.

2. Jay Clayton, former SEC chair under Trump, initiated significant crypto crackdowns, including a $1.3 billion lawsuit against Ripple.

3. Clayton later joined the advisory board of Fireblocks, a crypto custody provider, before being appointed interim U.S. Attorney for the Southern District of New York by Trump.

4. The Trump DOJ has taken a hard stance on privacy-focused crypto services, with Storm's case seen as a pivotal moment for the future of DeFi.

5. Judge Katherine Failla, overseeing Storm's case, previously handled the SEC's lawsuit against Coinbase, which was dismissed under the Trump administration.