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Roman stormOne of the founders of Tornado Cash, still faces federal accusations, but federal prosecutors agreed to reject one part of the case.
In the letter Sent to Judge Katherine Polk Faill on May 15, Acting Lawyer Jay Clayton’s acting lawyer said one of the charges, connected Managing unlicensed money transfer businessto remove.
The change follows the new leadership of the Ministry of Justice. Memo Issued on April 8 Deputy Prosecutor General Todd Blanche said the Agency will no longer charge the crypto projects because of the way others use their tools.
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As a result, prosecutors will no longer claim that Storm has violated the rules, failing to register as a money transmitter. But they are not giving up on the accusation of moving funds knowing that they are related to criminal activity.
The government also still claims that Tornado is Gotovina Helped the criminals go over a billion dollars of a crypto currency. Some of this money came from the Lazarus group, a hacking team associated with North Korea.
The storm is still facing two other charges, one for part of the money laundering scheme, and the other to help break American sanctions. Both of these accusations carry a maximum sentence of 20 years in prison.
The remaining part of the charged charges could lead to 5 years if it was proven. With that, Storm’s The trial will start on July 14.
Meanwhile, ChangPeng “CZ” Zhao confirmed on May 6 during Radio Podcasta Frokh that he asked US President Donald Trump for pardon. What did he say? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
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