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Tornado Cash co-founder says he will «present a strong defense» in court

Market and Events: Tornado Cash co-founder says he will «present a strong defense» in court

The co-founder of cryptocurrency mixing platform Tornado Cash, Roman Storm, has expressed confidence that his legal team will be able to provide a solid defense during the trial, which will take place in September 2024.

Storm emphasized the importance of his criminal case, stating that it will set a precedent for the future. Despite his fears about what is to come, he has sought financial support to help his legal defense.

According to Roman Storm, this legal battle will have far-reaching implications for people involved in #Web3 development, or those who value software and privacy. The outcome of this case will undoubtedly affect a wide range of stakeholders.

It's worth noting that in August 2022, the #United States banned the Tornado Cash mixer. Shortly thereafter, the project's founder, Alexey Pertsev, was detained in Amsterdam. Pertsev was charged with concealing illegal financial transactions and #money laundering.

A year later, the U.S. government charged Roman Storm and his alleged accomplice, Roman Semenov, with laundering over $1 billion dollars. This event further intensified the litigation surrounding Tornado Cash and its key figures.

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