Legal Battle Intensifies: Tornado Cash Co-founder Challenges Federal Allegations

Legal Battle Intensifies: Tornado Cash Co-founder Challenges Federal Allegations



In a significant development in the cryptocurrency sector, Roman Storm, the co-founder of the digital currency mixer Tornado Cash, has formally requested the dismissal of all charges against him. The allegations include running a money laundering operation and violating the International Emergency Economic Powers Act. In a recent legal filing dated March 29, with the U.S. District Court for the Southern District of New York, Storm's legal representatives have staunchly defended their client. They contend that it is baseless to assert Storm conspired to launder money, citing the platform's design which became immutable and accessible to the public before being exploited by sanctioned entities.



This case emerges amid the U.S. government's heightened scrutiny of cryptocurrency mixers, which are praised within the digital currency


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#Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations, #Tornado, #TornadoCash

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