Court hearing as early as October! U.S. prosecutors seek a retrial of Tornado co-founder, previously charged with laundering $1 billion.

The DOJ requests a new trial for Tornado Cash co-founder Roman Storm on money laundering and sanctions charges, with a court date scheduled for October 2026, potentially facing up to 40 years in prison.

The U.S. Department of Justice is preparing to bring Tornado Cash co-founder Roman Storm back to court. Regarding two unresolved charges against Storm, prosecutors recently filed a motion for a new trial and proposed a court date in early to mid-October 2026.

According to a letter submitted Monday to Judge Katherine Polk Failla of the Southern District of New York, the DOJ explicitly states its intention to reassert charges 1 and 3 in the superseding indictment against Storm. Prosecutors estimate the trial will last about three weeks.

Tornado Cash is a “non-custodial mixer” that obfuscates the flow of funds by blending multiple transactions to enhance privacy on the blockchain. U.S. authorities allege the platform was exploited by criminals, including North Korean hackers, for money laundering involving over $1 billion in illicit funds.

In August last year, a jury found Storm guilty of “operating an unlicensed remittance business,” but could not reach a consensus on two more serious charges—“conspiracy to commit money laundering” and “violating international sanctions,” resulting in a deadlock.

Although Storm has filed a Rule 29 motion for a judgment of acquittal (a request for the judge to declare him not guilty during or after trial), scheduled for argument on April 9, prosecutors strongly urge the court to “set a new trial date first” to avoid delays caused by scheduling conflicts.

The DOJ emphasizes that prosecutors are ready to proceed with a retrial as early as this spring but are willing to accommodate the defense’s schedule. They state:

To avoid further scheduling conflicts and delays, if the court’s schedule permits, the government respectfully requests that the retrial be scheduled around October 5 or 12, 2026.

According to the prosecutors’ letter, Storm and his legal team believe that “it is premature” to set a specific date for the retrial at this stage; however, they confirm that if a new trial is necessary, they can free up three weeks in late September, early October, or early December to appear in court.

Facing persistent prosecution, Storm immediately responded on social platform X, vowing to “never give up the fight for freedom.” He wrote:

These two charges carry a maximum of 40 years in federal prison—just for writing open-source code, for a protocol I can’t control, and for transactions I never touched.

Image source: X/@rstormsf

He further pointed out: “The jury already couldn’t find these actions criminal, but prosecutors in the Southern District of New York are relentless, trying again and again just to get the conviction they want.”

Storm also expressed frustration that his legal defense fund has been exhausted due to the lengthy and costly legal process.

  • This article is reprinted with permission from: 《BlockBeats》
  • Original title: 《Court to open as early as October! US prosecutors seek retrial for Tornado Cash co-founder Roman Storm》
  • Original author: Block Sister MEL
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Chainalysis Details 'Shadow Crypto Economy' Exposure as Grinex Suspends Operations

Grinex’s shutdown is intensifying scrutiny of crypto laundering tactics, as fund movements suggest behavior inconsistent with typical enforcement actions. Chainalysis analysis highlights patterns that raise questions about whether the activity aligns with a conventional external hack or

Coinpedia6h ago

SEC Crypto Shift Clarifies Rules Without Blanket Approval

The SEC has adopted a more lenient stance on crypto regulation, allowing some interfaces to operate without broker-dealer registration, but has not given blanket approval for the industry. Recent guidance clarifies how crypto assets are categorized, emphasizing that federal securities laws apply mainly to digital securities. Enforcement activity has decreased as the agency focuses on fraud and market integrity.

CryptoFrontier7h ago

Polish Parliament Fails to Override President's Veto on Crypto Law; PM Alleges Russian Interference

Polish lawmakers failed to override President Nawrocki's veto on a cryptocurrency regulation bill aimed at aligning with EU standards. Tensions rise as accusations emerge of Russian influence in a major crypto exchange amid liquidity issues and lack of regulation.

GateNews10h ago

Hong Kong SFC Investment Committee Warns Prediction Market Trading May Constitute Illegal Gambling

The Hong Kong SFC warns that prediction markets are speculative and not investment products, lacking regulatory protection. They involve gambling elements, potentially making them illegal. The committee urges the public to differentiate between investment and gambling.

GateNews19h ago

Elizabeth Warren Accuses SEC Chair Paul Atkins of Misleading Congress Over Enforcement Decline

Senator Elizabeth Warren accused SEC Chair Paul Atkins of misleading Congress about enforcement actions' decline. With only 456 new cases in 2025, concerns arise regarding the SEC's effectiveness and the regulatory landscape for cryptocurrency and market oversight.

GateNews22h ago

Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services

Grinex, a sanctioned crypto-ruble exchange, has halted operations due to a cyberattack that stole over $13.74 million in USDT. The attack is believed to involve state-level actors aiming to destabilize Russia's financial system. Grinex is cooperating with law enforcement but has no timeline for resuming services.

Coinpedia23h ago
Comment
0/400
No comments