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Tornado Cash Developer Roman Storm Released on Bail After Arrest - COINTURK NEWS

By en.coin-turk.com on August 25, 2023


The lawyer of Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash, who was arrested on August 23 on charges of money laundering and other crimes, announced that he was released on bail shortly after being detained by the US Department of Justice (DOJ). These events occurred about a year after the US Department of the Treasury added addresses related to Tornado Cash to the Office of Foreign Assets Control’s Specifically Designated Nationals list, and other developers are facing similar charges. Lawyer’s Statement on Storm’s Case Brian Klein, the lawyer for Roman Storm, announced on August 24 in a statement that Storm was released on bail. Klein stated that Storm is still “very disappointed” by the charges because the prosecutors allege that Storm only assisted in software development for Tornado Cash. He added: “This new legal theory has dangerous implications for all software developers.” The bail decision came […]

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Related coins: Tornado Cash