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Tornado Cash co-founder Roman Storm's trial is still scheduled to begin on July 14th

By: theblockbeats.news|2025/07/08 13:51:33

BlockBeats News, July 8th, according to a report by Blockworks, the U.S. Eleventh Circuit Court of Appeals has granted the Treasury Department's and Coin Center's joint motion to dismiss Coin Center's appeal regarding the Tornado Cash sanctions.

This demonstrates a significant shift in the U.S. government's attitude towards the crypto field, as the U.S. government proactively lifted these sanctions as early as March of this year. U.S. government lawyers stated in the motion to dismiss that it was this proactive decision that rendered the case "moot."

This decision did not halt the legal process against Tornado Cash's founder, Roman Storm, whose trial is set to begin next Monday, July 14th.

US Stocks and Cryptocurrency Concept Stocks Soar in Early Trading, SharpLink Gaming Surges Over 21%

xStocks will be integrated into the upcoming Jupiter Lend.