DOJ Drops One Charge Against Tornado Cash Developer Roman Storm

The U.S. Department of Justice (DOJ) will drop part of a charge against Tornado Cash developer Roman Storm, following a recent policy memo. Key points include:

The DOJ will not pursue the charge related to money transmitter business registration.
Storm still faces charges for knowingly transmitting funds tied to crimes, money laundering conspiracy, and sanctions violations.
The trial is scheduled for July 14, 2025.
A memo from Deputy Attorney General Todd Blanche advises against pursuing unclear regulatory cases.
Prosecutors in a separate case involving Samourai Wallet developers have requested a pause while reviewing the memo.
Storm's attorney argues that the case threatens the crypto industry and should be dismissed.
The defense claims coding is protected under free speech rights.