Roman Storm faces autumn retrial in SDNY on money laundering, sanctions charges

A U.S. court approved prosecutors’ pretrial schedule while still weighing Storm’s Rule 29 bid to overturn his August unlicensed money transmitting conviction and halt a new trial.

Summary

Roman Storm, the Tornado Cash co-founder, is set for a retrial this autumn after a U.S. court approved prosecutors’ pretrial schedule and confirmed that the Southern District of New York plans to proceed on conspiracy to commit money laundering and conspiracy to violate sanctions charges. The court has not yet decided Storm’s Rule 29 post-trial motion, a request for judgment of acquittal, which seeks to overturn his August conviction for unlicensed money transmitting and prevent the retrial from moving forward.

Terms & Concepts
  • Rule 29 motion: Request for acquittal after trial
  • money laundering: Concealing illicit funds’ origins
  • sanctions: Government restrictions on targeted parties