US prosecutors will continue to file charges against Tornado Cash and withdraw some of the charges
According to BlockBeats, on May 16th, US prosecutors will continue to charge Roman Storm, co-founder of Tornado Cash, but have decided not to consider some of the charges related to operating an unlicensed remittance business. According to a court document, the United States Attorney's Office for the Southern District of New York stated on Thursday that they will not advance some of Storm's charges before the trial on July 14th, but said they plan to advance money laundering related charges, some of which are related to unlicensed remittances, and one charge is related to conspiring to violate the International Emergency Economic Powers Act. The US Department of Justice stated that it plans to investigate cases involving criminal activities such as causing harm to investors or using cryptocurrency for terrorism, hacker attacks, etc. This also means that the Ministry of Justice will no longer investigate cases involving market intermediaries, but rather investigate bad actors who use the platform.