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Tornado Cash dev Roman Storm trial goes ahead with slight trim

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

US government charges against Tornado Cash co-founder Roman Storm were slightly pared back after a memo said the Justice Department would end most crypto cases.

US federal prosecutors are pressing ahead with their case against Tornado Cash founder Roman Storm, but will drop a small part of their indictment after the Department of Justice rolled back its crypto enforcement last month.

Jay Clayton, the acting US Attorney for Manhattan, told federal court judge Katherine Polk Failla in a May 15 letter that the charges against Storm still stand, bar one part of a conspiracy to operate an unlicensed money transmitting business charge.

“After review of this case, this Office and the Office of the Deputy Attorney General have determined that this prosecution is consistent with the letter and spirit of the April 7, 2025 Memorandum from the Deputy Attorney General,” Clayton wrote.

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  • XRP price predictions above $3 in 2025 have one major flaw
  • Pakistan will deploy Bitcoin reserve in DeFi for yield, says Bilal Bin Saqib
  • FATF’s crypto checklist hints at the next regulatory crackdown
  • Moody’s brings credit ratings onchain via Solana, explained
  • Kraken, Robinhood-backed MiCA-compliant Global Dollar stablecoin lands in EU
  • Competition heats up as crypto exchanges vie for European market
  • Deutsche Bank to launch crypto custody accounts in 2026: Report

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