web3 / news / / Crypto Breaking News
Roman Storm was convicted in August of conspiracy to operate an unlicensed money transmitting business.
Prosecutors argue Roman Storm's actions go beyond civil liability, implicating criminal money laundering conspiracies.
KEY POINTS
- 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.
COMPANIES
Summarized by Newsio from Crypto Breaking News. How we summarize →