Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges

Tornado Cash developer Roman Storm pleaded "not guilty" to charges of money laundering and sanctions evasion, and will be released on a $2 million bond under house arrest.

coindesk.com

Relevant topic timeline:

8/23/2023

Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks

Tornado Cash developers Roman Storm and Roman Semenov have been charged with money laundering and sanctions violations, with Storm already being arrested, as the US Department of Justice alleges that over $1 billion in transactions passed through the privacy mixer, including funds for North Korea's Lazarus Group.

8/23/2023

Two founders behind Russian crypto mixer Tornado Cash charged by US federal courts

The founders of Tornado Cash, a Russian cryptocurrency mixing service, have been charged with conspiracy to commit money laundering, sanctions violations, and operating an unlicensed money transmitting business. The charges stem from the platform's involvement in over $1 billion worth of alleged money laundering transactions, including funds stolen by a North Korean cybercrime organization.

8/27/2023

US Releases Tornado Cash Founder on Bail After $1,000,000,000 Money Laundering Charge - The Daily Hodl

One of the founders of crypto mixer Tornado Cash, Roman Storm, has been released on bail after being charged with money laundering $1 billion, and his case could have implications for all software developers.