Tornado Cash


Policy

Most Influential: Todd Blanche

The crypto industry praised a memo signed by Deputy Attorney General Todd Blanche directing the Department of Justice to end “regulation by prosecution.”

Todd Blanche

Policy

Most Influential: Roman Storm

The Tornado Cash developer’s trial this summer is evidence that the crypto industry is still severely lacking regulatory clarity.

Roman Storm

Policy

Judge Should Not Acquit Tornado Cash Dev Roman Storm, Prosecutors Argue

The DOJ filed its own post-trial motion last week, pushing back against Storm's motion for acquittal.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

Roman Storm's Attorneys Call for Acquittal in Tornado Cash Case

Storm's attorneys filed standard post-trial motions asking a federal judge to kick out a guilty verdict and acquit him of all three charges he faced during his trial in Manhattan this summer.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict

After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to commit money laundering charge or the sanctions evasion charge.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

Roman Storm Jury Deadlocked, Judge Tells Them to Keep Deliberating

After four days of deliberations, the New York jury deciding Tornado Cash Roman Storm’s fate said they can’t reach a unanimous verdict on all three charges.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

Roman Storm Jury Set to Begin Deliberations as Money Laundering Trial Draws to Close

In their lengthy closing arguments on Wednesday, attorneys for both sides battled to win over the jury before releasing the group to decide the Tornado Cash developer’s fate.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

Tornado Cash Developer Roman Storm Will Not Take the Stand, Lawyers Say

After three days of witness testimony, Storm’s defense team rested their case on Tuesday.

Tornado Cash Developer Roman Storm outside the Manhattan courthouse where he is being tried for criminal money laundering (CoinDesk/Cheyenne Ligon)

Policy

DOJ Considering Criminal Charges Against Dragonfly Capital Employees for Years-Old Tornado Cash Investments

In open court on Friday morning, prosecutors told the judge that they were weighing the possibility of criminally charging a general partner at Dragonfly Capital for his involvement with Tornado Cash, leading to him refusing to testify in Roman Storm's defense.

A protestor stands outside the Manhattan court where Tornado Cash developer Roman Storm is being tried for money laundering and sanctions evasion (CoinDesk/Cheyenne Ligon)

Policy

Roman Storm Trial: Is Coding A Crime? The Tornado Cash Court Battle Intensifies

Over the last several trial days, the government laid out its case that Roman Storm could have changed the Tornado Cash protocol to make it less attractive to cyber criminals, but chose not to.

A protestor stands outside the Manhattan court where Tornado Cash developer Roman Storm is being tried for money laundering and sanctions evasion (CoinDesk/Cheyenne Ligon)