Roman Storm, a naturalized US citizen, entered his plea before US District Judge Katherine Polk Failla in Manhattan.
Elevate Your Tech Process with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| Northwestern University | Kellogg Post Graduate Certificate in Digital Marketing | Visit |
| IIM Lucknow | IIML Executive Programme in Data Science | Visit |
| Northwestern University | Kellogg Post Graduate Certificate in Product Management | Visit |
| Indian School of Business | ISB Professional Certificate in Digital Marketing | Visit |
“We think the government got it wrong here,” Storm’s lawyer Brian Klein told the judge.
Storm was arrested on Aug. 23 and released on a $2 million bond secured by his home in Washington state.
The US Treasury banned Tornado Cash last November, saying North Korea’s Lazarus Group, which is also under US sanctions, used it the previous April and May to launder hundreds of millions of dollars in hacking proceeds.
Tornado Cash is a so-called virtual currency “mixer,” which mashes cryptocurrencies from many users.
Discover the stories of your interest
US officials say the process helps cryptocurrency owners conceal their identities and ill-gotten gains. Another Tornado Cash co-founder, Roman Semenov, was indicted alongside Storm but remains at large.
