Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»HACKING NEWS»A judge has ruled that the Tornado Cash co-founder will stand trial on money laundering charges.
HACKING NEWS

A judge has ruled that the Tornado Cash co-founder will stand trial on money laundering charges.

By Crypto FlexsSeptember 28, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
A judge has ruled that the Tornado Cash co-founder will stand trial on money laundering charges.
Share
Facebook Twitter LinkedIn Pinterest Email
  • Roman Storm is scheduled to go to trial on December 2 on charges of money laundering through Tornado Cash.
  • The judge rejected Storm’s defense that his code was protected under the First Amendment.
  • But prosecutors must prove that Storm knew he was handling the proceeds of a specific crime.

Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, is scheduled to go on trial in New York on December 2, 2024, after a US federal judge denied his motion to dismiss money laundering charges.

Judge Katherine Polk Failla of the Southern District of New York denied the dismissal during a conference call on September 26 and adjourned the case to trial.

Tornado Cash founders face multiple charges

Storm, along with co-founder Roman Semenov, are facing various charges, including conspiracy to launder money, conspiracy to violate the International Economic Emergency Powers Act (IEEPA), and conspiracy to operate an unlicensed money transfer business.

The charges stem from allegations that Tornado Cash helped launder more than $1 billion in criminal proceeds, some of which were linked to the North Korean-backed cybercrime group Lazarus.

In a motion to dismiss the charges, Storm’s legal team argued that his role in developing the Tornado Cash software was protected under the First Amendment.

But Judge Failla rejected this argument, arguing that the “functional capacity” of the code was not equivalent to free speech as defined in the First Amendment. She stressed that the government’s efforts to combat money laundering and sanctions evasion were “entirely unrelated” to suppressing freedom of expression.

The court also ruled that control was not a necessary element of the charges under the 1960 statute and rejected arguments that Storm had to have knowledge of specific criminal activity. Instead, prosecutors must prove only that Storm knew he was handling the proceeds of crime.

The judge rejected the due process claim, saying Storm’s mental state and intent were a matter for the jury to decide.

Judge Failla further noted that Tornado Cash was not “meaningfully different” from traditional financial services and money transfer companies, making Storm liable under existing law.

The trial, expected to last two weeks, could set a precedent for how software developers’ skills are treated under U.S. law when they are used for illegal purposes. Storm co-founder Roman Semenov still remains with the company.


Share this article

Category

tag

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Encryption Inheritance Update: April 2, 2025

June 6, 2025

Summary of Domain Audit that cannot be stopped -Ackee Blockchain

June 5, 2025

Director Trezor: What is the best hardware wallet in 2025?

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

The SEC gets $ 1.1m case when Crypto Schemer crosses the court.

June 7, 2025

NFT artists reproduce ‘password tax nightmares’ with new songs.

June 7, 2025

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

The SEC gets $ 1.1m case when Crypto Schemer crosses the court.

June 7, 2025

NFT artists reproduce ‘password tax nightmares’ with new songs.

June 7, 2025
Most Popular

Search for legal issues in Web3 through decentralization

February 22, 2025

Analysts say XRP is poised to hit a price mark it last saw six years ago and predict the older altcoin will reach record highs.

December 9, 2024

🏆 Altcoin Selection – January 2024 (Microcap)

January 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.