Tornado Cash Developer Roman Storm Faces Trial in $1 Billion Money Laundering Case

COINOTAG news reports on September 27 that a landmark ruling by a New York judge will send Tornado Cash developer Roman Storm’s case to trial. The U.S. Department of Justice has accused Storm, alongside his colleague Roman Semenov, of serious charges including money laundering conspiracy, operating an unlicensed remittance service, and infringing the International Emergency Economic Powers Act. The case is associated with the alleged laundering of over $1 billion by the North Korean hacker collective, the Lazarus Group. Storm has maintained his innocence, asserting his involvement was limited to coding for Tornado Cash. His trial is slated to commence on December 2, and if found guilty, Storm could be facing a maximum of 45 years imprisonment.