Search results for "STORM"

Gate Daily (March 11): SEC and CFTC sign Memorandum of Understanding; US requests re-examination of Tornado Cash co-founders

Bitcoin (BTC) is currently maintaining a price of around $70,000. The Chairman of the U.S. Securities and Exchange Commission (SEC) announced that they will coordinate with the Commodity Futures Trading Commission (CFTC) for joint meetings regarding product applications. Additionally, the case of Tornado Cash co-founder Roman Storm will be retried. The market is volatile due to geopolitical influences, and investor sentiment is poor, but a significant decline in the short term is unlikely.
BTC-1,63%
AAVE-1,36%
MarketWhisper·10h ago
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DOJ Seeks Retrial for Tornado Cash Co-Founder Roman Storm

The U.S. DOJ seeks to retry Roman Storm, co-founder of Tornado Cash, after a divided jury found him guilty on one count while deadlocking on money laundering and sanctions charges. This case raises significant implications for crypto development, privacy tools, and the responsibility of software creators.
ETH-2,02%
Coinfomania·03-10 08:35

U.S. prosecutors insist on re-examining Tornado Cash founder, Roman Storm laments: Writing open-source code should only warrant 40 years in prison

Manhattan prosecutors in the United States have requested a re-examination of the money laundering and sanctions violation charges against Tornado Cash founder Roman Storm, despite the jury failing to reach a consensus. Storm responded by stating he faces the risk of 40 years in prison and criticized the Department of Justice for double standards. The crypto community also expressed disappointment with the prosecutors' approach.
動區BlockTempo·03-10 06:50

The Tornado Cash case will be reexamined, and Roman Storm faces a maximum sentence of 40 years in prison.

Roman Storm faces a retrial, with a maximum possible sentence of 40 years for conspiracy charges related to Tornado Cash. The jury was divided on the core charges, and a retrial requires resolving a motion for acquittal first. This case has sparked conflicting reactions from the U.S. government regarding cryptocurrency privacy policies, with the Treasury Department acknowledging the legal use of mixers, while the Department of Justice continues to pursue criminal prosecution, highlighting policy confusion. The industry has expressed strong concern over this.
SOL-2,27%
MarketWhisper·03-10 06:16
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Trump's DOJ Seeks October Retrial for Tornado Cash Developer Roman Storm

In brief Federal prosecutors have asked a Manhattan judge to retry Tornado Cash developer Roman Storm on charges a jury deadlocked on last August. The Justice Department proposed an October retrial on two conspiracy counts carrying a potential 40-year maximum sentence. The court must
BTC-1,63%
Decrypt·03-10 04:51