Digital asset lawyer and advocate John Deaton says the “war against crypto” isn’t dead despite the recent shift in US presidential administrations. Deaton says on the social media platform X that there are still important cases going on even though Gary Gensler isn’t running the U.S. Securities and Exchange Commission (SEC) anymore. The lawyer notes […]
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Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.
Roman Storm, the co-founder of crypto mixing platform Tornado Cash, has told a United States federal judge that his criminal charges should be dropped after an appeals court found sanctions against the platform’s smart contracts were unlawful.
Storm said in a Dec. 18 motion in a Manhattan district court that an opinion last month from the Fifth Circuit Appeals Court on a separate case finding the Treasury’s Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning Tornado Cash’s smart contracts “makes clear that all three counts of the indictment are fatally and legally flawed.”
He argued the opinion “most obviously impacts” his charge of conspiring to violate the International Emergency Economic Powers Act (IEEPA), a law central to the US sanctions apparatus, as the appeals court found the smart contracts “are not the ‘property’ of a foreign national or entity” meaning they “cannot be blocked” under the law.
Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial.
Tornado Cash co-founder and developer Roman Storm won’t stand trial for money laundering and sanctions violation charges until April 2025.
In a Nov. 1 telephone conference for the United States District Court for the Southern District of New York, Judge Katherine Polk Failla ordered Storm’s trial adjourned until April 14, 2025. The Tornado Cash co-founder’s legal team had been petitioning to dismiss his charges, claiming they were based solely on him writing code for the cryptocurrency mixing service.
In 2023, prosecutors charged Storm and Tornado co-founder Roman Semenov with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money-transmitting business. The indictment prompted outrage from many in the crypto industry.
Ethereum co-creator Vitalik Buterin is donating 100 ETH to bolster the legal defense fund of Tornado Cash developer Roman Storm. In a new thread on the social media platform X, Storm – who helped launch the anonymous ETH-based crypto mixing protocol in 2019 – expresses his gratitude to Buterin for his continued support. “I can’t […]
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Ethereum co-founder Vitalik Buterin has demonstrated his continued support for Tornado Cash developer Roman Storm by donating an additional 100 ETH, valued at approximately $240,000, to Storm’s legal defense fund. This marks the third contribution from Buterin, bringing the total amount raised for the fund to over 327 ETH. The fund was established to assist […]
The United States Office of Foreign Assets Control sanctioned the Tornado Cash mixer in 2022 — accusing it of facilitating money laundering.
Ethereum (ETH) co-founder Vitalik Buterin recently donated another 100 Ether, valued at approximately $240,000, to Tornado Cash developer Roman Storm's legal defense fund — marking the third time the notable crypto builder has donated to the cause.
According to the Defend Roman Storm crowdsourcing page, 148 different payments have been received for the developer's defense fund — totaling over 327 ETH, valued at roughly $785,000, at the time of writing.
"I can't describe how much it means to me. Thank you for your long-lasting support," the Tornado Cash developer told Buterin following the contribution.
Judge Katherine Polk Failla of the Southern District of New York has reportedly denied the motion to dismiss the charges against Tornado Cash co-founder Roman Storm. Storm’s legal woes stem from allegations that Tornado Cash developers aided the North Korean hacking group Lazarus in laundering illegal funds through the crypto mixer. In a bid to […]
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Roman Storm, a software developer of Tornado Cash, is headed to trial after a New York judge ruled against his motion to dismiss criminal charges. District Judge Katherine Polk Failla rejected Storm’s request to drop charges tied to money laundering and sanctions violations. Russian co-defendant Roman Semenov remains elusive and on the run, evading capture […]
Tornado Cash developer Roman Storm is eyeing a maximum of 45 years in prison if convicted of all charges, with a trial set for December.
Roman Storm, a developer and co-founder of Tornado Cash, will face criminal trial over his creation of the crypto-mixing platform after a judge denied his motion to dismiss a United States government case.
In a Sept. 26 telephone conference, New York district court judge Katherine Polk Failla denied Storm’s bid to toss three federal charges brought by the Justice Department, saying government prosecutors had lodged plausible allegations against him.
Storm and fellow co-founder Roman Semenov were charged last August with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money-transmitting business.
Tornado Cash developer Alexey Pertsev has been sentenced to 64 months in jail for laundering billions of dollars, according to a new Dutch court press release. The Netherlands’ Oost-Brabant district court handed down the sentence Tuesday for his involvement in creating the Ethereum (ETH)-based coin mixing system that helps users obfuscate their digital assets. Says […]
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