ETH core developer testifies in Roman Storm defense as gov’t rests case
Main Idea
Ethereum core developer Preston Van Loon testified in Roman Storm's defense case, describing Tornado Cash as a privacy tool, while Storm faces potential prison time if convicted.
Key Points
1. Roman Storm's defense case rested after about two weeks of US government witnesses, with Ethereum core developer Preston Van Loon testifying.
2. Preston Van Loon described Tornado Cash as a 'privacy tool' and cited safety concerns as a reason for using it.
3. Prosecutors' cross-examination of Van Loon was largely confined to comparing Tornado Cash to 'normal crypto platforms like Coinbase'.
4. Roman Storm potentially faces years in prison if convicted, similar to other related cases like former FTX CEO Sam Bankman-Fried and Tornado Cash co-founder Alexey Pertsev.
5. Alexey Pertsev was sentenced to more than five years in prison in 2024 for money laundering in the Netherlands.
Description
After about two weeks of hearing from US government witnesses, Roman Storm’s legal team called Preston Van Loon to the stand to kick off its defense case.
Latest News
- El Salvador’s Bitcoin reserve fails to help the average citizen — NGO exec2025-07-25 22:26:36
- Satoshi-era Bitcoin investor cashes out 80,000 BTC for $9B via Galaxy Digital2025-07-25 21:59:50
- ETH bulls target $9K: Does the data support the lofty price target?2025-07-25 21:58:03
- Real-time crypto laundering exposes CEX vulnerabilities — Report2025-07-25 20:56:00
- Bitcoin derivatives data questions the strength of BTC’s $115K support2025-07-25 20:53:04