TechFlow, July 14 — According to CoinDesk, the criminal money laundering case against Tornado Cash developer Roman Storm will begin today in Manhattan, with prosecutors and defense starting jury selection. The trial is expected to last four weeks.
Storm was arrested in Washington State in 2023 and faces three charges: conspiracy to commit money laundering, conspiracy to violate U.S. sanctions, and conspiracy to operate an unlicensed money transmitting business. If convicted on all counts, he could face up to 45 years in prison.
Prosecutors allege that Tornado Cash has been used to launder over $1 billion in criminal proceeds, including funds from North Korean hacking group Lazarus Group. The defense argues that Storm was merely a developer of open-source, decentralized software and should not be held responsible for others' misuse of the tool.
