Judge Backs U S Sanctions On Crypto Platform Tornado Cash Wsj One of the three co founders is tornado cash developer roman storm. authorities arrested storm in august 2023 and charged him on three counts: operating an unlicensed money transmitting business, money laundering conspiracy, and sanctions evasion. in august 2025, a jury found him guilty on the first count. As part of its sanctions, roman semenov, one of the co founders of tornado cash, was added to its list of specially designated nationals and blocked persons (sdn) on august 23rd 2023.
Creators Of Tornado Cash Charged With Laundering More Than 1 Billion In a landmark decision with far reaching implications for the crypto and decentralized finance (defi) communities, roman storm, co founder of the crypto mixer tornado cash has been found guilty of a single felony charge following a high profile trial. Unlike earlier designations targeting individuals or centralized entities, ofac's tornado cash listing named only a decentralized application and roughly 40 associated wallet addresses. no individual was sanctioned in the initial action. A jury in manhattan has found tornado cash co founder roman storm guilty of operating an unlicensed money transmission business, while deadlocking on more serious charges of money laundering and sanctions violations tied to the north korean hacker group lazarus. Roman semenov was placed on ofac’s sanctioned persons list, and roman storm was arrested as the united states continued its crackdown on the crypto mixer.
Tornado Cash Co Founders Charged By Doj One Sanctioned By U S A jury in manhattan has found tornado cash co founder roman storm guilty of operating an unlicensed money transmission business, while deadlocking on more serious charges of money laundering and sanctions violations tied to the north korean hacker group lazarus. Roman semenov was placed on ofac’s sanctioned persons list, and roman storm was arrested as the united states continued its crackdown on the crypto mixer. Storm was arrested in august 2023 on charges related to his role in developing tornado cash. prosecutors alleged he helped criminals launder over $1 billion through the cryptocurrency mixing service. the charges carried potential sentences totaling decades in prison. In 2023, the federal government arrested one of the tornado cash founders, roman storm, in the seattle area. (the other two founders are not in the us.). Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the lazarus group, the sanctioned north korean cybercriminal outfit. U.s. attorney damian williams said: “as alleged, tornado cash was an infamous cryptocurrency mixer that laundered more than $1 billion in criminal proceeds and violated u.s. sanctions. roman storm and roman semenov allegedly operated tornado cash and knowingly facilitated this money laundering.
Last Two Tornado Co Founders Arrested War On Smart Contracts Storm was arrested in august 2023 on charges related to his role in developing tornado cash. prosecutors alleged he helped criminals launder over $1 billion through the cryptocurrency mixing service. the charges carried potential sentences totaling decades in prison. In 2023, the federal government arrested one of the tornado cash founders, roman storm, in the seattle area. (the other two founders are not in the us.). Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the lazarus group, the sanctioned north korean cybercriminal outfit. U.s. attorney damian williams said: “as alleged, tornado cash was an infamous cryptocurrency mixer that laundered more than $1 billion in criminal proceeds and violated u.s. sanctions. roman storm and roman semenov allegedly operated tornado cash and knowingly facilitated this money laundering.
Tornado Cash Co Founders Charged In The U S With More Than 1 Billion Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the lazarus group, the sanctioned north korean cybercriminal outfit. U.s. attorney damian williams said: “as alleged, tornado cash was an infamous cryptocurrency mixer that laundered more than $1 billion in criminal proceeds and violated u.s. sanctions. roman storm and roman semenov allegedly operated tornado cash and knowingly facilitated this money laundering.
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