US Justice Department Files Application to Prosecute This Altcoin Founder for a Second Time! Here Are the Charges and Possible Date!

The U.S. Treasury Department, which has long opposed cryptocurrency mixers due to their use for criminal purposes, stated that these services also have legitimate privacy use cases on public blockchains.

While these statements from the US Treasury Department signal a shift in its stance against cryptocurrency manipulators, the US Department of Justice has made a move in the opposite direction.

Accordingly, the US Department of Justice requested a retrial for the founder of Tornado Cash on two charges.

According to a post by Eleanor Terrett, host of the Crypto in America program, on her X account, the U.S. Department of Justice has filed a request to the court to seek a retrial for Tornado Cash co-founder Roman Storm, specifically for money laundering and sanctions violations.

The DOJ is requesting a retrial on two charges (money laundering and sanctions violations) for which the jury was unable to reach a verdict. The ministry has proposed a trial date for early October.

Eleanor Terrett wrote: “The U.S. Department of Justice (DOJ) is seeking a retrial for Tornado Cash co-founder Roman Storm on two charges that the first jury failed to reach a verdict on: money laundering and sanctions violations. Prosecutors have recommended a retrial in early October, even though Storm’s Rule 29 application to dismiss the unauthorized money transfer charge has not yet been finalized.”

*This is not investment advice.