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

Pioneer Vault12 launches password inheritance through CXP

February 22, 2026

Why the Unleash Protocol hack occurred due to governance failure

February 20, 2026

Solana Schools 2025 Summary

February 16, 2026
Add A Comment

Comments are closed.

Recent Posts

The Strategic Evolution Of The IPL Win Game And Its Echo In Italy

February 23, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.423 Million Tokens, And Total Crypto And Total Cash Holdings Of $9.6 Billion

February 23, 2026

KuCoin EU expands local compliance and governance team in Austria

February 23, 2026

Crypto Gambling On Reddit – What Users Recommend Most Often

February 23, 2026

Could the Ethereum 2026 Roadmap Help Price Recovery?

February 23, 2026

BNB holders gained 177% in 15 months through Binance Rewards Program.

February 23, 2026

Pioneer Vault12 launches password inheritance through CXP

February 22, 2026

Best Altcoins to Buy Now as Bitcoin Is Watching Important Moving Averages

February 22, 2026

As privacy talk heats up, Dash integrates Zcash privacy pool.

February 22, 2026

Cardano (ADA) Bears Active — Token Risks Another Downside

February 21, 2026

Spot Bitcoin ​ETF records total net withdrawals of $3.8 billion over 5 weeks

February 21, 2026

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

The Strategic Evolution Of The IPL Win Game And Its Echo In Italy

February 23, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.423 Million Tokens, And Total Crypto And Total Cash Holdings Of $9.6 Billion

February 23, 2026

KuCoin EU expands local compliance and governance team in Austria

February 23, 2026
Most Popular

Bitcoin follows the ‘perfect script’ to hit $150K+ all-time high this cycle. — Analyst

October 8, 2024

BlockDAG’s presales soar to $32.4 million following Crypto Rick’s approval, surpassing Ethereum and Shiba Inu.

May 25, 2024

4 Best AI Agent Altcoins to Earn 40X Profits by 2025

December 28, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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