‘Disappointing’: U.S. DoJ seeks retrial of Tornado Cash founder
The U.S. Department of Justice is seeking a retrial of Tornado Cash founder Roman Storm on charges of money laundering and sanctions violations, a move that has drawn strong criticism from the crypto community. Storm was previously found guilty only of operating an unlicensed money-transmitting business. The DeFi community, including the DeFi Education Fund and Solana Policy Institute, expressed disappointment, arguing the case threatens legal protections for software developers. They point to a recent court ruling that exempted developers from liability on non-custodial platforms. Critics also accuse the DoJ of contradicting the U.S. Treasury's stance and undermining crypto innovation. Despite the negative news, Tornado Cash’s native token TORN saw a 4% price increase.
ambcrypto03/10 07:47
