EconomyDOJ presses Tornado Cash case as Treasury withdraws mixer reporting plan
Federal prosecutors are urging a New York judge to reject Roman Storm’s venue challenge, citing a Bitcoin Fog appeals ruling in support of the money-laundering and money-transmission conspiracy counts. The push comes as Treasury withdraws a broad reporting proposal for international crypto mixers, citing concerns about chilling legitimate activity. The policy reversal does not repeal criminal offenses or resolve Storm’s case, which hinges on whether his software work crossed into knowingly facilitating criminal activity.
DOJ presses Tornado Cash case as Treasury withdraws mixer reporting plan
Economy