Tornado Cash Developer Faces New Legal Verdict as Crypto Debate Intensifies
Main Idea
Tornado Cash developer Roman Storm faces legal verdicts for violating North Korean sanctions and money laundering allegations, impacting the value of TORN Coin.
Key Points
1. Roman Storm, developer of Tornado Cash, was found to violate North Korean sanctions and faced money laundering allegations in 2023.
2. The legal case has led to a decline in the value of TORN Coin, which is struggling to maintain the $10 support threshold.
3. If TORN Coin fails to hold the $10 level, it could face a deeper downturn; otherwise, it may reclaim $11.8.
4. Prosecutors argued that Tornado Cash was used by entities like the Lazarus Group, raising concerns about its misuse.
Description
The Tornado Cash developer faces legal challenges amid operational concerns. TORN Coin value drops due to unresolved legal issues. Continue Reading: Tornado Cash Developer Faces New Legal Verdict as Crypto Debate Intensifies The post Tornado Cash Developer Faces New Legal Verdict as Crypto Debate Intensifies appeared first on COINTURK NEWS .
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