• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, October 1, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Tornado Cash Co-Founder Roman Storm Denies Wrongdoing Ahead of Criminal Trial

4 July 2025
in Crime, News
Reading Time: 3 mins read
106 3
Home News Crime

With his criminal trial fast approaching, Roman Storm, co-founder of the crypto mixing service Tornado Cash, has come forward to deny any wrongdoing, insisting that he is being prosecuted simply for writing open-source code.

Speaking in a recent interview with Crypto in America, Storm argued that the U.S. government’s case against him is fundamentally flawed. He said the U.S. government is prosecuting him for writing open-source code, not for any actual criminal conduct.

“When Tornado Cash became fully decentralized and trustless, there wasn’t much activity going on at that time. We thought it was just going to be another project that would sit in our junkyard. We have so many projects like that as software engineers. We did not anticipate that.… pic.twitter.com/7fiurmkojn

— Roman Storm 🇺🇸 🌪️ (@rstormsf) July 4, 2025

Storm is facing three felony charges, including conspiracy to commit money laundering and conspiracy to violate U.S. sanctions laws. Prosecutors allege that Tornado Cash was used to launder over $1 billion in illicit funds, some tied to North Korea’s state-sponsored hacker group Lazarus. However, Storm maintains he never knowingly facilitated criminal activity.

Storm was arrested in August 2023. His fellow developer, Alexey Pertsev, was convicted of money laundering in the Netherlands last year and sentenced to 64 months in prison. Tornado Cash’s third co-founder, Roman Semenov, is also facing U.S. charges but remains at large.

Since his arrest, Storm has been under strict bail conditions, barred from accessing bank accounts or crypto wallets.

“I’m being punished before even proven guilty,”

he said.

Looking ahead to his July 14 trial at the U.S. District Court for the Southern District of New York, Storm warned of the wider implications his case holds for the crypto industry. “If I lose this case, DeFi dies with me,” he said, arguing that treating developers as criminals for writing open-source code sets a dangerous precedent that could stifle innovation in decentralized finance.

While Storm has kept details of his legal strategy private, he hinted that his defence team will argue that writing code is protected under free speech and creating tools that bad actors can misuse is not a crime.

Meanwhile, the Ethereum Foundation (EF) contributed $1.25 million to assist Tornado Cash developer Alexey Pertsev in his legal battle as he prepares to appeal his money laundering conviction in the Netherlands.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Roman StormTornado Cash
Share63Tweet40Share11
Previous Post

UK and Singapore Strengthen AI and Tokenization Collaboration in Landmark London Talks

Next Post

MENA’s First Blockchain-Based Digital Bond Set to Launch on ADX via HSBC Orion and FAB Collaboration

Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: quark.house
Crime

BNB Chain’s Official X Account Hacked, Airdrop Scam Links Shared

1 October 2025
source: forbes.com
AI

Crypto Needed for AI Agents to Operate in Finance — Coinbase Exec

1 October 2025
source: axios.com
Crypto

House Republicans Probe Deleted SEC Texts From Gary Gensler’s Tenure

1 October 2025
source: bloomingbit.io
News

SEC Opens Door for State Trust Companies to Custody Crypto Assets

1 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

What $1 Billion in Liquidations Means for Market Stability

6 hours ago

Why Crypto’s Cross-Chain Future Depends on Regulatory Readiness

15 hours ago

MicroStrategy’s Debt-Fueled Bitcoin Buys: Smart Treasury Move or Dangerous Precedent?

16 hours ago

XRP Reserves Spiked by 1.2B: What Does This Mean for Market Adoption?

17 hours ago

Is Crypto Adoption Strongest Where Fiat Is Weakest?

1 day ago

How Did Hyperliquid Scale to $330B Trading Volume with Only 11 Staff?

1 day ago
Read More

Events

Blockchain Life 2025
Blockchain Life 2025
28 Oct 25

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story

bychainwire
1 October 2025
0

SimpleFX Relaunches First Deposit Bonus

bychainwire
1 October 2025
0

TokenFi and New to The Street Announce National Media Partnership to Reach 219M+ Households

bychainwire
1 October 2025
0

BTCC Exchange Announces Triple Global Workforce Expansion at TOKEN2049 Singapore to Power Web3 Evolution

bychainwire
1 October 2025
0

1inch rebrands to reflect broader mission uniting DeFi and global finance

bychainwire
1 October 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00