logo

Tornado Cash co-founder Roman Storm goes to trial, prosecutors accuse him of helping North Korean hackers launder money

By: odaily.com|2025/07/16 08:11:42
0
Share
copy

Odaily News The criminal trial of Tornado Cash co-founder Roman Storm officially began recently in the U.S. District Court for the Southern District of New York. Prosecutors said in their opening statements that Storm assisted North Korean Lazarus Group hackers in laundering money using Tornado Cashs currency mixing service, suspected of violating U.S. sanctions orders involving approximately $600 million in crypto assets in the 2022 Ronin Bridge incident. Prosecutors said he knew it but continued to commit crimes.
Storms defense attorney countered that Tornado Cash is a privacy protocol for everyone and that he himself had nothing to do with the hacking and should not be held criminally responsible for users abuse of the tool.

-- Price

--

You may also like

Morning News | Aave announces the establishment of a recovery fund; Michael Saylor releases Bitcoin Tracker information; Vietnam plans to launch a pilot project for crypto assets

Overview of Important Market Events on April 26

Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $823 million; the net inflow for Ethereum spot ETFs in the U.S. was $155 million

GSR enters the cryptocurrency ETF market, launching its first multi-asset cryptocurrency ETF.

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Contents

Popular coins

Latest Crypto News

Read more