Tornado Cash co-founder faces jury after closing arguments wrap

Key Points

1. Roman Storm, co-founder of Tornado Cash, is on trial in the Southern District of New York, with potential consequences for developer accountability in decentralized software.

2. Prosecutors allege Storm conspired to launder money, violated US sanctions, and operated an unlicensed money-transmitting business, facing up to 40 years in prison if convicted.

3. The prosecution claims Tornado Cash was used to launder money after major security breaches, such as the KuCoin and Ronin hacks, transferring $350 million.

4. The defense argues Storm never intended to help criminals, emphasizing that intent is a key factor in the case and that knowledge alone is insufficient for conviction.