DOJ officials withdrew one portion of the charge concerning Roman Storm’s alleged operation of an unlicensed money-transmitter business, acknowledging it no longer aligned with updated federal prosecutorial guidelines on regulatory ambiguity

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May 16, 2025

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The DOJ will not go to trial on a charge alleging Storm failed to comply with money transmitter business registration rules, but still plans to go to trial in July over allegations he knowingly transmitted funds tied to crimes, conspired to commit money laundering and conspired to violate sanctions law, the DOJ said in a letter filed to the judge overseeing its case.

The DOJ, however, said that it would abandon one aspect of its conspiracy to operate an unlicensed money transmitter business charge. An illegal money transmitting business is defined as one that fails to comply with U.S. money transmitting business registration requirements, according to federal law.

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Week 20 of 2025