TechFlow reported that Tornado Cash developer Roman Storm pleaded not guilty during his court appearance to charges of conspiring to operate an unlicensed money-transmitting business and aiding money laundering and sanctions evasion. Roman Storm, a U.S. resident, was arrested two weeks ago on charges of conspiracy to launder money and evade sanctions.
Prosecutors allege that he, along with other developers and co-founders Roman Semenov and Alexey Pertsev, facilitated the laundering of over $1 billion in stolen cryptocurrency through the creation of Tornado Cash, including "hundreds of millions of dollars" linked to North Korea.
Add to Favorites
Share to Social Media
