Overview of the Case
In a notable development regarding the case of Tornado Cash co-founder Roman Storm, the Southern District of New York’s US District Court has approved a joint request from Storm’s defense team and federal prosecutors to extend key procedural deadlines linked to a possible retrial. This adjustment, sanctioned by Judge Katherine Failla, will postpone the timeline for any potential retrial, which is now likely to be delayed until late 2025, well past the typical 70-day window following the original trial’s conclusion.
Judge’s Rationale
Judge Failla emphasized that the decision was made in the interest of justice, allowing time for the defense to prepare and consider post-trial motions.
The Court finds that the ends of justice would be served by excluding time from now until December 18, 2025.
She noted that this prioritizes the defense’s needs over a rapid resolution to the case.
Background on Roman Storm
Roman Storm was pronounced guilty on August 6 of one charge related to conspiracy to operate an unlicensed money business as part of his involvement with Tornado Cash, a decentralized cryptocurrency mixer. However, the jury could not reach a consensus on the two additional felony accusations he faced. Despite the conviction, no sentencing hearing has been set as of now.
Legal Troubles and Broader Implications
Storm’s legal troubles began in August 2023 when he was indicted on serious charges, including money laundering and conspiracy to violate US sanctions. He has maintained a plea of not guilty and has been out on bail since his initial arraignment.
Beyond Storm, the legal challenges for his fellow Tornado Cash co-founders also pose significant issues. Alexey Pertsev is facing similar charges and was convicted of money laundering in the Netherlands in 2024, receiving a five-year prison sentence while he appeals that decision. Meanwhile, Roman Semenov, who was indicted alongside Storm, remains at large as of the last update. This ongoing scrutiny of the Tornado Cash team reflects broader concerns within the U.S. government regarding cryptocurrency regulations and compliance with financial laws.
