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Market News

Tornado Cash Co-Founder Roman Storm’s Retrial Pushed to April 2027 Over Pending Motion

Judge Failla heard argument on the Rule 29 acquittal motion in April 2026 and has not ruled; the amended pretrial schedule now runs from February 2027.

Written By Dhara Chavda
Edited by Divya Mistry
Published 2026-08-26·Updated 2 months ago
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Roman Storm, Co-Founder of Tornado Cash
Roman Storm, Co-Founder of Tornado Cash
AI Summary
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Judge Failla set retrial for April 26, 2027, after delaying ruling on Storm’s Rule 29 acquittal motion.
Pretrial schedule mandates government disclosures by Feb 5, 2027, defense disclosures by March 5, and final conference April 20.
Prosecutors allege Storm laundered over $1 billion via Tornado Cash, including funds linked to Ronin hack and Lazarus Group.

A federal judge adjourned Roman Storm’s retrial to April 26, 2027, in an order filed Tuesday, citing the Tornado Cash co-founder’s pending motion for acquittal and his request to move the proceeding to late April.

Judge Katherine Polk Failla of the Southern District of New York set the trial to begin that day at the Thurgood Marshall Courthouse in Manhattan.

The Motion That Has Not Been Decided

The order rests on Storm’s Rule 29 motion for a judgment of acquittal, filed at docket 229. An oral argument on that motion was heard on April 9, 2026. More than four months later, Failla has not ruled.

That unresolved motion now governs the calendar. The order states the adjournment gives the parties and the court additional time to consider Storm’s post-trial motions and to prepare for retrial.

The motion asks the court to set aside Storm’s conviction on the ground that the evidence was legally insufficient. Its outcome determines what a retrial would even cover: granted, it could vacate the conviction or narrow the prosecution; denied, Storm proceeds to sentencing on the existing count and to retrial on the other two.

Storm has also not been sentenced on the count the jury did decide, more than a year after the verdict.

The Amended Schedule

Failla amended the pretrial schedule previously set at docket 296, establishing six deadlines.

Government new or amended expert disclosures are due February 5, 2027, with defense disclosures due March 5 and rebuttal disclosures March 18. Daubert motions, motions in limine, and proposed amendments to requests to charge and voir dire are due March 30, with oppositions due April 9. A final pretrial conference is set for April 20, six days before trial.

Failla found that excluding time under the Speedy Trial Act through April 26, 2027, serves the ends of justice and outweighs the public’s and the defendant’s interest in a speedy retrial.

How the Case Got Here

A Manhattan jury convicted Storm in August 2025 of conspiracy to operate an unlicensed money-transmitting business and deadlocked on conspiracy to commit money laundering and conspiracy to violate sanctions. Those two unresolved counts carry a combined maximum of 40 years; the count of conviction carries up to five.

Prosecutors informed the court in March 2026 that they intended to retry both counts, proposing an October 2026 start and estimating three weeks. Storm’s defense argued that scheduling a retrial before the acquittal motion was resolved was premature. The government’s position was that fixing a date early would avoid scheduling conflicts.

The Justice Department separately rejected Storm’s attempt to invoke a Supreme Court decision in support of the acquittal motion, arguing in an April 7 letter that a civil copyright ruling had no bearing on the criminal prosecution.

Prosecutors allege that Storm conspired to launder funds through Tornado Cash, which they say was used to move more than $1 billion in illicit proceeds, including funds tied to the Ronin Bridge hack and to North Korea’s Lazarus Group. Storm’s defense has maintained he wrote open-source software over which he had no control once deployed.

The case has run alongside a shifting sanctions position. The Treasury removed Tornado Cash from the SDN list in March 2025 following a court ruling, while the criminal prosecution continued. Co-founder Roman Semenov remains designated and at large. Dutch developer Alexey Pertsev was released from pretrial detention in February 2025 to prepare an appeal against his 2024 conviction.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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