Tornado Cash dev Roman Storm trial goes ahead with slight trim
US federal prosecutors continue their case against Tornado Cash founder Roman Storm, dropping one charge related to operating an unlicensed money transmitting business. The Department of Justice's recent policy shift, outlined in a memo by Deputy Attorney General Todd Blanche, indicates a move away from "regulation by prosecution" in the crypto space. The remaining charges against Storm include transmitting funds linked to criminal activity and conspiracy to violate US sanctions, with each charge carrying a maximum sentence of 20 years. Storm has pleaded not guilty, and his trial is set for July 14. Co-founder Roman Semenov is currently at large in Russia. Other crypto executives have cited the Blanche memo in attempts to dismiss their charges.
