U.S. requests October retrial for Tornado Cash developer Roman Storm

U.S. requests October retrial for Tornado Cash developer Roman Storm

Source: CoinDesk

Published:12:17 UTC

BTC Price:$70412

#ETH #TornadoCash #Regulation

Analysis

Price Impact

Low

This news concerns a legal proceeding against a tornado cash developer, not directly related to ethereum's core technology or widespread adoption. while tornado cash is built on ethereum, this legal development is unlikely to have a significant immediate impact on eth's price.

Trustworthiness

High

The information is from a reputable crypto news source (coindesk) and details a specific legal request made by u.s. prosecutors.

Price Direction

Neutral

The event is a legal one and doesn't provide direct catalysts for a price increase or decrease in eth. the outcome of the retrial could have longer-term implications for defi protocols, but immediate price impact is minimal.

Time Effect

Long

The retrial is scheduled for october, and its resolution, along with any appeals or further legal actions, could take a considerable amount of time to unfold and potentially influence the broader regulatory landscape for privacy tools.

Original Article:

Article Content:

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email U.S. requests October retrial for Tornado Cash developer Roman Storm Roman Storm, a Tornado Cash co-founder and developer, has criticized proceedings against him as an attempt “to make writing code a crime.” By Olivier Acuna | Edited by Sheldon Reback Mar 10, 2026, 12:17 p.m. Make us preferred on Google Roman Storm is free on bail awaiting a decision on his motion for acquittal. (Cheyenne Ligon/CoinDesk) What to know : Federal prosecutors asked a judge to schedule an October retrial for Tornado Cash co-founder Roman Storm on two unresolved counts after a jury deadlocked on money-laundering and sanctions charges. Storm, who was convicted in August of operating an unlicensed money-transmitting business and remains free on bail, is meantime seeking a judgment of acquittal, with oral arguments on that motion set for April 9. Storm and his defense team argue that a retrial is premature and contend the split verdict shows jurors doubted the government’s effort to criminalize writing code for crypto-mixing services that can have lawful uses. U.S. prosecutors asked a federal judge to set an October date for the retrial of Tornado Cash developer Roman Storm on two unresolved criminal counts after a jury failed to reach unanimous verdicts during the original hearing, according to a letter filed Monday in the Southern District of New York. In a letter to U.S. District Judge Katherine Polk Failla, U.S. attorney Jay Clayton, a former chair of the Securities and Exchange Commission (SEC, asked for a date now to "to avoid further unnecessary delays," even though Storm, who is currently free on bail, has a pending motion for a judgment of acquittal . Oral arguments on that motion are scheduled for April 9. Storm is a co-founder of Tornado Cash, a crypto mixer designed to obscure the origin and destination of blockchain transactions. In August, a jury convicted Storm on one count tied to operating an unlicensed money-transmitting business, and failed to agree on verdicts for two other charges, leaving alleged violations of money laundering sanctions law unresolved. He is currently free on bail while awaiting further proceedings. Storm criticized the planned retrial i n an X post on Tuesday, saying the jury’s split decision reflected uncertainty about the government’s case. “A jury of 12 Americans heard four weeks of evidence and deadlocked: no verdict on money laundering, and no verdict on sanctions violations,” Storm wrote. “The government’s response? Try again to make writing code a crime.” Storm also referred to a U.S. Treasury report acknowledging that mixing services like Tornado Cash can serve lawful purposes on public blockchains. The report came after years of opposition to crypto mixers. Defense lawyers told prosecutors that setting a trial date before the April motion is resolved would be premature. Roman storm Tornado Cash Southern district of new york More For You Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race By CoinDesk Research Feb 27, 2026 Commissioned by Pudgy Penguins CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events. What to know : Disrupting a Stagnant Market : Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product. 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