Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, is currently undergoing trial for charges related to allegedly facilitating large-scale money laundering. Prosecutors assert that Storm operated the platform as a money laundering tool, specifically citing approximately $350 million… Read More »Tornado Cash Co-Founder Roman Storm Faces Charges Over Alleged Money Laundering Role
The U.S. Department of Justice (DOJ) has explicitly stated that Dragonfly Ventures and its leadership are not targets of its investigation into the cryptocurrency mixer Tornado Cash. This clarification occurred during ongoing court proceedings focused on Tornado Cash, where prosecutors… Read More »DOJ Clears Dragonfly Ventures in Tornado Cash Investigation, Corrects Misinformation
The ongoing trial of Tornado Cash co-founder Roman Storm has ignited fierce debate over legal boundaries in blockchain technology, with prosecutors and defense attorneys clashing over whether the protocol constitutes a money laundering tool or lawful privacy infrastructure. Testimonies presented… Read More »Tornado Cash Trial Sparks Debate on Blockchain Privacy as Bitcoin Market Shows Recovery
Ethereum developer Preston Van Loon testified in defense of Tornado Cash co-founder Roman Storm during court proceedings, asserting the platform’s role as a legitimate privacy tool on the Ethereum blockchain. Van Loon revealed his personal use of Tornado Cash to… Read More »Ethereum Developer Testifies for Tornado Cash Founder, Defends Privacy Protocol Legitimacy
Roman Storm, one of the co-creators of the cryptocurrency mixer Tornado Cash, may pursue a mistrial in his high-stakes money laundering case. The defense is challenging key testimony and evidence presented by the prosecution. Storm faces charges of conspiracy to… Read More »Tornado Cash Co-Creator May Seek Mistrial Over Disputed Evidence in Money Laundering Case
The criminal trial against Tornado Cash co-founder Roman Storm advanced significantly as Judge Katherine Failla authorized specialized testimony concerning the platform’s technical infrastructure. The ruling allows investigator Philip Werlau, an expert in fraud and anti-money laundering (AML) compliance, to analyze… Read More »Court Permits Expert Testimony on Tornado Cash Architecture in Pivotal Crypto Trial
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
The landmark criminal trial of Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, has commenced amid allegations that the protocol facilitated money laundering by the Lazarus Group, a North Korean state-sponsored hacking collective. Prosecutors contend Storm enabled illicit financial… Read More »Tornado Cash Co-Founder’s Trial Sparks Debate on Crypto Privacy Tool Liability
The ongoing trial of Roman Storm, co-creator of privacy protocol Tornado Cash, poses pivotal questions about developer liability in decentralized finance, potentially establishing groundbreaking legal precedents for open-source and autonomous crypto tools. Prosecutors allege Storm facilitated money laundering and violated… Read More »Tornado Cash Developer Roman Storm’s Trial Tests Legal Boundaries for Crypto Builders
The criminal trial of Tornado Cash developer Roman Storm has intensified debate around cryptocurrency regulation and software development freedoms, with a $3.5 million legal defense fund now over halfway complete. Approximately 57% of the fundraising goal has been met through… Read More »Tornado Cash Developer’s $3.5M Defense Fund Reaches 57% Amid High-Stakes Crypto Trial
The landmark criminal trial against Tornado Cash co-founder Roman Storm, spearheaded by interim U.S. Attorney Jay Clayton at the Department of Justice, threatens to reshape the future of decentralized finance and cryptocurrency privacy tools. Legal experts warn the outcome could… Read More »DOJ’s Tornado Cash Trial Led by Jay Clayton Threatens Future of DeFi and Crypto Privacy
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
Judge Katherine Failla has indicated a preliminary stance to exclude discussion of revoked 2022 OFAC sanctions against Tornado Cash during the upcoming trial of co-founder Roman Storm. This pivotal decision could influence the proceedings significantly, given the sanctions’ initial imposition… Read More »Judge Suggests Excluding Withdrawn OFAC Sanctions in Tornado Cash Co-founder Trial
Roman Storm, the co-founder of cryptocurrency mixing service Tornado Cash, is scheduled to stand trial for money laundering charges. The trial marks a pivotal moment in regulatory scrutiny of privacy tools in decentralized finance following allegations by the U.S. Department… Read More »Tornado Cash Co-Founder Roman Storm Faces Money Laundering Trial as Crypto Community Rallies Support
Tornado Cash developer Roman Storm confronts significant trial obstacles as the U.S. Department of Justice (DOJ) moved to exclude five of his six proposed expert witnesses ahead of a critical July hearing. The restrictions complicate Storm’s defense against charges of… Read More »Tornado Cash Founder Faces Witness Hurdles as DOJ Restricts Defense Experts Ahead of Trial