Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Crypto

Tornado Cash: trial set for December 2 for Roman Storm

Newsroom by Newsroom
October 1, 2024
in Crypto
Gli sviluppatori di Tornado Cash raccolgono oltre 350.000 dollari e ricevono il sostegno di Snowden
Share on FacebookShare on TwitterShare on Linkedin

Request to dismiss case against Roman Storm denied: developments in the investigation and possible consequences.

Roman Storm, one of the founders and developers of the mixing service Tornado Cash, will face a criminal trial after a judge rejected the motion to dismiss the case filed by his lawyers against the United States government. The decision was made during a telephone conference on September 26, where District Judge Katherine Polk Failla found the prosecutors’ accusations plausible.

Storm, along with co-founder Roman Semenov, was indicted last August on three counts: conspiracy to commit money laundering, conspiracy to violate sanctions, and conspiracy to operate an unlicensed money transmitting business. According to prosecutors, Tornado Cash was allegedly used to facilitate large-scale money laundering through the use of cryptocurrencies.

Storm’s defense

Storm stated that he only wrote open-source code and had no control over how it was used. He then argued that the goal of his work was to offer greater privacy to legitimate cryptocurrency users, not to facilitate misuse of the platform. However, authorities claim that Storm would have made substantial profits from the platform, aware of its use for money laundering.

Reactions

Jake Chervinsky, chief legal officer of a venture capital firm, expressed concerns about the court’s decision. Chervinsky described the ruling as “an assault on software developers’ freedom” and predicted that the issue could be subject to appeal.

The community has shown support for Storm, raising $2.3 million to fund a legal defense for Tornado Cash developers. Based on the charges, Storm could face a maximum sentence of up to 45 years in prison if found guilty on all counts. The trial is set for December 2.

Other legal developments

Last May, the third co-founder of Tornado Cash, Alexey Pertsev, was sentenced in the Netherlands by the Court of Appeal of ‘s-Hertogenbosch to 64 months in prison for laundering approximately $1.2 billion. Pertsev is preparing an appeal against the conviction. Roman Semenov, a Russian citizen, currently remains at large.

Previous Post

Swan Bitcoin sues former employees for illegal appropriation of mining division

Next Post

Robinhood is considering launching its own stablecoin

Latest News

stablecoin
Crypto

Uber eyes stablecoins to optimize international payments

by Newsroom
June 6, 2025
0

Uber’s CEO has revealed the company’s interest in stablecoins as a solution to reduce the costs of cross-border payments.

Read moreDetails
atm bitcoin
Bitcoin

Poșta Română launches the first Bitcoin ATM in post offices

by Newsroom
June 6, 2025
0

Romania’s national postal service embraces digital assets by installing the first Bitcoin ATM at its Tulcea branch.

Read moreDetails
rapimenti crypto
Crypto

Suspected organizer of France’s crypto kidnapping spree arrested in Morocco

by Newsroom
June 5, 2025
0

French authorities have identified a 24-year-old Franco-Moroccan man as the mastermind behind a series of attacks targeting crypto entrepreneurs, including...

Read moreDetails
etf bitcoin
Bitcoin

JPMorgan Chase: Bitcoin ETFs accepted as loan collateral

by Newsroom
June 5, 2025
0

A new step for the American bank in the digital asset space: Bitcoin ETFs cleared for use as collateral for...

Read moreDetails
bitcoin
Bitcoin

Bitcoin treasury: 61 publicly listed companies now hold over 3% of total supply

by Newsroom
June 4, 2025
0

The adoption of Bitcoin as a corporate reserve asset is accelerating: public companies have doubled their holdings in just two...

Read moreDetails
Atlas21

© 2025 Atlas21

Navigate Site

  • About
  • Home
  • Feature
  • Bitcoin
  • Careers
  • Opinion
  • Interviews
  • Privacy Policy
  • News
  • Learn
  • B2B
  • Press
  • Cookie Policy

Follow Us

No Result
View All Result
  • News
  • Interviews
  • Learn
  • Feature
  • Services
  • Adoption
  • ‎
    • ‎

© 2025 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.AcceptCookie