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

Binance: la Grecia starebbe per respingere la licenza MiCA, a rischio la permanenza in UE
Bitcoin

Binance: Greece reportedly set to reject MiCA license, EU presence at risk

by Newsroom
June 16, 2026
0

The Hellenic Capital Market Commission is reportedly ready to reject Binance's MiCA license application, shutting the largest exchange out of...

Read moreDetails
South Korea: $11 million USDT laundering ring dismantled
Bitcoin

South Korea: $11 million USDT laundering ring dismantled

by Newsroom
June 16, 2026
0

Seoul police arrested 56 people linked to a Cambodian criminal organization that laundered phishing and romance scam proceeds through Tether.

Read moreDetails
From above of crop banknote of European Union placed on table with dollars
Bitcoin

ECB: Lagarde pushes for digital euro against dollar stablecoins

by Newsroom
June 16, 2026
0

ECB President Christine Lagarde defends the digital euro as the only credible response to the growing dominance of dollar-pegged stablecoins.

Read moreDetails
ETF Bitcoin USA: quattro settimane di deflussi, ma la pressione si allenta
Bitcoin

USA Bitcoin ETF: four weeks of outflows, but pressure is easing

by Newsroom
June 10, 2026
0

Spot Bitcoin funds in the United States recorded $91.4 million in outflows on Monday, bringing the total since mid-May to...

Read moreDetails
Second lancia Bark su Bitcoin Mainnet: self-custody senza complessità
Bitcoin

Second launches Bark on Bitcoin Mainnet: self-custody without complexity

by Newsroom
June 10, 2026
0

Development lab Second has brought Bark into production, its implementation of the Ark protocol, aiming to make self-custody accessible to...

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 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.