CoinVoice has recently learned that according to Cointelegraph, Roman Storm, the co-founder and developer of the Tornado Cash Crypto Assets mixing service, is set to appear in court in New York on July 14, facing Money Laundering and conspiracy charges.
In less than two weeks before the criminal trial in the United States, Storm stated in a video interview that his legal team intends to address the allegations that he personally profited from illegal funds through his role in Tornado Cash during the trial. However, he declined to reveal whether he would testify in his defense, stating that there is “currently no 100% answer” regarding the charges of Money Laundering, conspiracy to operate an unlicensed money transmission business, and conspiracy to violate U.S. sanctions. “I might or might not (testify),” he said.
Storm was sued by US authorities in 2023, about a year ago, the Treasury Department’s Office of Foreign Assets Control sanctioned addresses related to Tornado Cash. Government agencies stated that the mixing service facilitated the Money Laundering of Crypto Assets stolen by North Korean hackers.