The trial of Tornado Cash's Roman Storm continues with slight reductions
The U.S. government's charges against Tornado Cash co-founder Roman Storm have been lightened after a memorandum indicated that the Department of Justice will end most cryptocurrency-related cases.
U.S. federal prosecutors are continuing the lawsuit against Tornado Cash founder Roman Storm, but will dismiss a small part of the indictment after the Department of Justice rescinded the cryptocurrency enforcement order last month.
Jay Clayton, acting U.S. Attorney in Manhattan, told federal court judge Katherine Polk Failla in a letter dated May 15 that the charges against Storm remain in effect, except for a part in the conspiracy to operate an unlicensed money transfer business.
Clayton wrote: “After reviewing this case, this Office and the Office of the Deputy Attorney General have determined that this prosecution is consistent with the content and spirit of the Deputy Attorney General’s memorandum dated April 7, 2025.”
The Deputy Attorney General Todd Blanche's April memorandum stated that the Department of Justice will terminate the so-called "regulation by prosecution" for cryptocurrency and added that the agency will not prosecute cryptocurrency exchanges like Tornado Cash "for the actions of end users or unintended violations of regulations."
Clayton further noted that the indictment against Storm will dismiss the allegation that he failed to comply with money transfer business registration requirements. #TornadoCash