Tuesday, July 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

DOJ to press on with criminal charges against Tornado Cash developer Roman Storm

18 May 2025
in Ethereum
Reading Time: 2 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on Twitter



The US Division of Justice doesn’t intend to drop its federal felony costs in opposition to Twister Money developer and co-founder Roman Storm, Decrypt reported on Could 15, citing sources throughout the DOJ.

The DOJ’s resolution to proceed comes regardless of an inner memo circulated final month signaling a possible shift in how the company handles instances involving crypto mixing providers.

Storm will stand trial on federal costs, together with cash laundering and sanctions evasion.

Prison costs

Federal prosecutors allege that Storm conspired to launder funds, evade US sanctions, and function an unlicensed cash transmitting enterprise by Twister Money, an Ethereum-based coin mixer designed to obscure the origin and vacation spot of crypto transactions.

Storm’s trial is ready to start in a Manhattan federal courtroom in lower than two months. The latest court docket filings present that prosecutors have agreed to drop one portion of the cost associated to working an unlicensed cash transmitting enterprise, acknowledging inconsistencies with federal pointers.

The Monetary Crimes Enforcement Community (FinCEN) clarified in 2019 that “non-custodial entities” resembling Twister Money will not be categorised as cash transmitters. The DOJ’s partial rollback highlights a rigidity between regulation enforcement and builders of decentralized software program.

Amanda Tuminelli, govt director of the DeFi Schooling Fund, informed Decrypt that technologists constructing impartial privateness instruments shouldn’t be held to “unreasonable felony requirements.”

Her feedback echo the sentiment prevalent amongst business leaders, together with Ethereum co-founder Vitalik Buterin, who continues to help Storm.

Case to proceed regardless of shifting stance

The DOJ’s reaffirmation of costs in opposition to Storm follows the leak of an inner memo indicating the company would now prioritize pursuing people utilizing crypto instruments for felony functions reasonably than prosecuting the platforms themselves.

The shift has been interpreted as an indication of evolving coverage underneath the extra crypto-friendly Trump administration. Nonetheless, the DOJ doesn’t intend to drop its costs in opposition to Storm.

In September, US District Choose Katherine Polk Failla denied his movement to dismiss, ruling that the usage of pc code to facilitate cash laundering will not be protected underneath the First Modification, regardless of Storm’s claims of free speech protections for his code.

The US Treasury sanctioned Twister Money in 2022, claiming that the protocol had facilitated greater than $7 billion in illicit transactions.

Nonetheless, in March, the Workplace of International Property Management quietly eliminated Twister Money from its sanctions checklist following a federal appeals court docket resolution that discovered immutable sensible contracts can’t be sanctioned as property.

Storm’s co-developer, Alexey Pertsev, was sentenced to over 5 years in jail by a Dutch court docket final yr however was launched underneath digital monitoring in February pending an attraction.

The DOJ, Storm, and his attorneys didn’t instantly reply to requests for remark as of press time.

Talked about on this article

Newest Alpha Market Report



Source link

Tags: CashchargesCriminalDeveloperDOJpressRomanstormTornado
Previous Post

New Decentralized Gaming Token Skyrockets Following Binance Listing – The Daily Hodl

Next Post

Crypto Trader Prints 517x Profit on Solana-Based Altcoin That’s Exploded 7,000% in Just One Week: Lookonchain – The Daily Hodl

Related Posts

DEXs capture almost 30% of CEX spot activity in June, setting new record
Ethereum

DEXs capture almost 30% of CEX spot activity in June, setting new record

1 July 2025
Vitalik Buterin says pluralistic ZK digital IDs are the ‘best realistic solution’ to preserve privacy
Ethereum

Vitalik Buterin says pluralistic ZK digital IDs are the ‘best realistic solution’ to preserve privacy

30 June 2025
Ethereum Holding Above Key Support On Daily Chart — Eyes Set On Breakout | Bitcoinist.com
Ethereum

Ethereum Holding Above Key Support On Daily Chart — Eyes Set On Breakout | Bitcoinist.com

30 June 2025
Ethereum Historical Pattern Hints At Potential $10,000 Surge – Analyst
Ethereum

Ethereum Historical Pattern Hints At Potential $10,000 Surge – Analyst

29 June 2025
FATF sounds alarm over rising stablecoin misuse as global crypto rules lag
Ethereum

FATF sounds alarm over rising stablecoin misuse as global crypto rules lag

28 June 2025
Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections
Ethereum

Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections

29 June 2025
Next Post
Crypto Trader Prints 517x Profit on Solana-Based Altcoin That’s Exploded 7,000% in Just One Week: Lookonchain – The Daily Hodl

Crypto Trader Prints 517x Profit on Solana-Based Altcoin That’s Exploded 7,000% in Just One Week: Lookonchain - The Daily Hodl

Abu Dhabi’s Mubadala Quietly Bets $408M on Bitcoin via BlackRock

Abu Dhabi’s Mubadala Quietly Bets $408M on Bitcoin via BlackRock

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

28 June 2025
솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

24 June 2025
$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

16 June 2025
Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

7 June 2025
Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

23 June 2025
Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

28 June 2025
Circle Proposed to Launch Federally Regulated Trust Bank

Circle Proposed to Launch Federally Regulated Trust Bank

1 July 2025
Supreme Court Rejects Crypto Privacy Case Against IRS

Supreme Court Rejects Crypto Privacy Case Against IRS

1 July 2025
Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

1 July 2025
Cardano (ADA) Sideways — Support Intact, But No Spark for a Move Yet

Cardano (ADA) Sideways — Support Intact, But No Spark for a Move Yet

1 July 2025
Exa Innovates with Multi-Agent Web Research System Using LangGraph

Exa Innovates with Multi-Agent Web Research System Using LangGraph

1 July 2025
Europol Busts $540 Million Crypto Laundering Network

Europol Busts $540 Million Crypto Laundering Network

1 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$106,493.00-0.95%
  • ethereumEthereum(ETH)$2,455.640.14%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.201.24%
  • binancecoinBNB(BNB)$652.730.11%
  • solanaSolana(SOL)$149.00-0.79%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2787020.56%
  • dogecoinDogecoin(DOGE)$0.161453-2.09%
  • staked-etherLido Staked Ether(STETH)$2,454.440.17%