# Roman Storm was convicted in August of conspiracy to operate an unlicensed money transmitting business.

*web3 · news · 2026-04-07 · Crypto Breaking News*

## Key points

- Prosecutors argue Roman Storm's actions go beyond civil liability, implicating criminal money laundering conspiracies.
- The SDNY rejects Storm's use of the Cox Communications civil case as irrelevant to his criminal charges.
- Storm faces a possible October retrial on conspiracy to commit money laundering and sanctions violations.
- U.S. lawmakers are advancing proposals to shield blockchain developers from broad criminal prosecution.
- DOJ policy shifts may influence how aggressively prosecutors pursue open-source crypto tool developers.

**Countries:** United States

[Read the full story on Crypto Breaking News](https://www.cryptobreaking.com/prosecutors-reject-dismissal-bid-in/)

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