Tornado Cash co-founder Roman Storm will be tried on July 14, and the U.S. Department of Justice has withdrawn some charges.

robot
Abstract generation in progress

Tornado Cash co-founder Roman Storm will be tried on July 14, and the U.S. Department of Justice withdraws some of the charges] Tornado Cash co-founder Roman Storm will be tried on July 14, and the U.S. Attorney's Office for the Southern District of New York said on Thursday that it will not advance some of the charges related to "unlicensed funds transmission business", but will still file a lawsuit for "money laundering", "partial unlicensed transmission" and "conspiracy in violation of the International Emergency Economic Powers Act". "While this is consistent with the April 2025 DOJ memo calling for an end to 'prosecution in lieu of regulation' and an end to prosecuting registration violations, it does not fully correct the DOJ's wrongs in this case," the DeFi Education Fund said. Peter Van Valkenburgh, executive director of the Coin Center, also expressed disappointment: "This criminal law provision has an ambiguous relationship with the Bank Secrecy Act, and the principle of leniency should be invoked in favor of the defendant." ”

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)