US DOJ could still pursue money laundering, sanctions charges against Roman Storm
Main Idea
The US Department of Justice (DOJ) may still pursue money laundering and sanctions charges against Tornado Cash developer Roman Storm, despite a partial verdict in his trial.
Key Points
1. The DOJ will decide whether to retry Roman Storm on unresolved charges in the coming days.
2. Jury members did not reach a unanimous verdict on all charges, leaving some counts open for retrial.
3. Tornado Cash was accused of laundering over $7 billion in crypto between 2019 and 2022 and facilitating transactions for sanctioned entities.
4. Legal experts warn that the case could set a precedent affecting other decentralized finance (DeFi) protocols and open-source developers.
5. The sanctions against Tornado Cash were imposed by the US Office of Foreign Assets Control (OFAC) in 2022.
Description
Roman Storm's trial verdict leaves the door open for US prosecutors to retry the Tornado Cash developer, attorneys said.
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