The U.S. Department of Justice is seeking a retrial of Tornado Cash developer Roman Storm.

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MarsBit
03-10
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According to Mars Finance, U.S. federal prosecutors have requested a Manhattan judge to retry Tornado Cash developer Roman Storm on charges that a jury failed to reach a unanimous verdict on last year. The Justice Department has proposed a retrial on October 5th or 12th on two conspiracy charges, which could carry a maximum sentence of 40 years in prison. Last August, a Manhattan jury found Storm guilty of conspiracy to operate an unlicensed money transfer business, but the trial stalled on two more serious conspiracy charges. The U.S. Treasury Department blacklisted Tornado Cash in August 2022, accusing the protocol of laundering $7 billion since 2019, including funds from North Korea's Lazarus Group. The sanctions were later ruled illegal and lifted by an appeals court. Notably, a Treasury report submitted to Congress on Monday acknowledged that "legitimate users could have used the mixer to achieve financial privacy."

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