Roman Storm has been convicted on charges of operating an unlicensed money-transmitting business through his involvement with the cryptocurrency privacy tool Tornado Cash. The conviction, stemming from Storm’s role with the sanctioned platform, carries a potential federal prison sentence of… Read More »Tornado Cash Developer Roman Storm Conviction Raises Fears Over Open-Source Liability
The ongoing trial against cryptocurrency mixer Tornado Cash entered a critical phase as FBI testimonies took center stage in a New York courtroom. Prosecutors from the Southern District of York presented evidence alleging money laundering operations and violations of U.S.… Read More »Tornado Cash Trial Focuses on Privacy Rights and Sanctions in Landmark Crypto Case
Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, is embroiled in a pivotal trial involving significant pre-trial legal motions that could reshape developer responsibilities across the decentralized finance ecosystem. Key motions challenge witness testimonies and raise concerns about late… Read More »Tornado Cash Co-Founder Roman Storm Faces Crucial Trial with Broad Implications for DeFi Developers
The Ethereum Foundation has committed $1.25 million in financial support for Tornado Cash co-founder Roman Storm as he faces legal charges from U.S. authorities. The charges relate to money laundering allegations connected to the privacy protocol, which has been under… Read More »Ethereum Foundation Pledges $1.25 Million for Tornado Cash Co-Founder’s Legal Defense
The Ethereum Foundation has committed $1.25 million in financial backing for Tornado Cash co-founder Roman Storm’s legal defense, asserting that the case critically impacts blockchain privacy rights. This substantial pledge aims to shape the precedent-setting trial commencing next month in… Read More »Ethereum Foundation Pledges $1.25 Million to Support Tornado Cash Co-Founder’s Legal Defense