Hack ‘Victims’ Say Tornado Cash Offered No Help in the Wake of Exploits: Day 2 of Roman Storm Trial
2025-07-16 20:00:16

Main Idea
Victims of hacks involving Tornado Cash testified in Roman Storm's trial, stating they received no assistance from the service, while lawyers debated the platform's role in money laundering.
Key Points
1. Hack victims, including a Georgia woman who lost $250,000 and BitMart, which lost $625 million, testified that Tornado Cash did not help recover stolen funds.
2. Roman Storm's defense argued that Tornado Cash, being decentralized, could not assist in retrieving funds.
3. BitMart's lawyer admitted that hacked funds were also sent to other platforms besides Tornado Cash, such as FTX and Huobi.
4. Sky Mavis CTO Ho testified about the Ronin Bridge exploit, noting $6 million was recovered by Norwegian police but could not confirm if it passed through Tornado Cash.
5. The trial highlights debates over whether Tornado Cash is a legitimate privacy tool or a facilitator of money laundering.
Description
NEW YORK — Hack and scam victims who reached out to Tornado Cash requesting assistance retrieving their stolen funds received little in the way of help from the privacy tool’s developers, three government witnesses told the jury during day two of Roman Storm’s criminal money laundering trial. One victim, a Taiwan-born Georgia woman who said she lost nearly $250,000 to a wrong-number pig butchering scam — with a portion of the proceeds laundered through Tornado Cash — said her request for help we...
Latest News
- CME Exploring 24/7 Crypto Trading Expansion, Says Meme Coin Products Are Off the Table2025-07-16 21:23:32
- 'Crypto Week' Is Stuck Again as House Procedural Vote Drags On2025-07-16 20:02:15
- Trump-Linked WLFI Token Clears Vote to Become Tradable2025-07-16 20:01:48
- The Node: The Plot to Fire Powell2025-07-16 20:01:14
- Hack ‘Victims’ Say Tornado Cash Offered No Help in the Wake of Exploits: Day 2 of Roman Storm Trial2025-07-16 20:00:16