Onchain, in court: What happened in crypto legal news this week

The Polymarket insider trading case and a retrial of Tornado Cash co-founder Roman Storm are expected to move forward in late 2026 while former Celsius CEO Alex Mashinsky awaits a response to his motion to vacate his sentence.

US prosecutors propose late 2026 retrial for Tornado Cash co-founder

Federal prosecutors on Monday submitted a proposed schedule for the potential retrial of Tornado Cash co-founder and developer Roman Storm to begin later this year. Storm was found guilty on one of three charges related to illegal money transmitting in 2025, but a jury deadlocked on two other charges, setting the stage for a potential retrial.

US Attorney for the Southern District of New York (SDNY) Jay Clayton Clayton proposed an Oct. 20 final pretrial conference in Storm’s case, signaling a potential trial start date of late October or November 2026. The filing noted that the timeline was subject to the court’s decision on a Rule 29 motion filed by Storm requesting acquittal of the remaining charges.

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