Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
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

The Shai Hulud malware has hit NPM as cryptocurrency libraries face a growing security crisis.

November 24, 2025

Aave launches V4 testnet with developer preview of upcoming “Pro” experience.

November 22, 2025

Lido Triggerable Withdrawal Audit – Ackee Blockchain

November 20, 2025
Add A Comment

Comments are closed.

Recent Posts

CreatorFi Launches On Aptos With $2M Strategic Backing To Scale Stablecoin Credit For Creators

November 25, 2025

Bybit Lowers Barrier To Elite Wealth Management Solutions With Year-End Exclusive For VIP Clients

November 25, 2025

TrustLinq Launches Swiss-Regulated Crypto-to-Fiat Payment Platform To Boost Cryptocurrency Adoption

November 25, 2025

Bitcoin Is Dropping—but Your Income Doesn’t Have To. Earn Up To $5,927 Per Day Safely With 8 Hours Cloud Mining.

November 25, 2025

BitMine has released 3.6 million ETH, but investors question the math.

November 25, 2025

The Shai Hulud malware has hit NPM as cryptocurrency libraries face a growing security crisis.

November 24, 2025

Wallet In Telegram Lists Monad, Enabling Telegram TGE Trading & Expanding MON Distribution

November 24, 2025

Wallet In Telegram Lists Monad, Enabling Telegram TGE Trading & Expanding MON Distribution

November 24, 2025

MEXC’s ENA Extravaganza Concludes With 51,000+ Participants And $79.7 Billion In Trading Volume

November 24, 2025

Solicoin (Soli) is now available for presale! 🎉

November 24, 2025

Chainlink is the ‘critical connective tissue’ for tokenization

November 24, 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

CreatorFi Launches On Aptos With $2M Strategic Backing To Scale Stablecoin Credit For Creators

November 25, 2025

Bybit Lowers Barrier To Elite Wealth Management Solutions With Year-End Exclusive For VIP Clients

November 25, 2025

TrustLinq Launches Swiss-Regulated Crypto-to-Fiat Payment Platform To Boost Cryptocurrency Adoption

November 25, 2025
Most Popular

Nigeria lifts cryptocurrency ban to make way for new stablecoins

December 24, 2023

Shiba Inu successfully listed on major exchanges amid surge in adoption

April 6, 2024

Solana ETF Application Fails to Generate Initial Excitement for SOL

July 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.