Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him. Storm’s legal team argues that he should not be accused of operating a money laundering business or violating the International Emergency Economic Powers Act.

In the filing submitted to the United States District Court for the Southern District of New York on March 29, Storm’s lawyers contend that he cannot be held responsible for conspiring to launder funds. They assert that Tornado Cash was developed, became immutable, and was publicly available before it was utilized by hacking groups that were later sanctioned by the U.S. Department of Treasury.

Storm’s legal team further claims that he had limited control over preventing a “sanctioned entity from using it” by the time the alleged misconduct occurred. This argument suggests that Storm should not be held liable for the actions of external parties utilizing Tornado Cash.

It’s essential to note that legal proceedings are ongoing, and the outcome of the case is yet to be determined. The information provided reflects Storm’s defense as presented in his motion to dismiss the charges.

Allegations Surface: Lazarus Group Accused of Utilizing Tornado Cash by Storm to Evade Sanctions

The charges against Roman Storm pertain to the allegation that Tornado Cash facilitated the efforts of the North Korean Lazarus Group in evading U.S. sanctions, potentially aiding the country’s regime in financing its nuclear program.

Storm’s defense team argues that Tornado Cash did not function as a money-transmitting business since it did not charge fees for transmitting funds, and users maintained complete control over their cryptocurrencies. They assert that Storm’s intention was to develop software solutions that offered financial privacy for law-abiding cryptocurrency users, claiming that the charges are fundamentally flawed and should be dismissed.

Following his arrest, Storm pleaded not guilty to all charges in September 2023 and was subsequently released on a $2 million bond. Currently, he is subject to travel restrictions that confine him to specific regions of New York, New Jersey, Washington, and California.

This development occurs within the context of the U.S. government’s ongoing crackdown on crypto-mixing services. Recently, the founder of Bitcoin Fog, a crypto-mixing service allegedly involved in laundering $400 million, was convicted of money laundering, money laundering conspiracy, operating an unlicensed money-transmitting business, and violations of the D.C. Money Transmitters Act.

It’s important to note that the legal proceedings are still ongoing, and the final outcome of the case is yet to be determined. The information provided reflects the arguments presented by Storm’s defense team and the current status of the case.

Storm Appeals for Support Amid Money Laundering Charges

Earlier this year, Roman Storm sought support from right-to-privacy advocates as he prepared for his upcoming criminal trial. He expressed confidence in his legal team’s ability to mount a strong defense for the trial scheduled in September 2024.

Storm emphasized that the outcome of his case would have far-reaching implications, not only for passionate developers in the Web3 space but also for anyone concerned with software and privacy. He believed that the case would set an important precedent for years to come.

In response to Storm’s situation, the Arbitrum DAO submitted a proposal to allocate approximately $1.3 million worth of Arbitrum (ARB) tokens from the community wallet to assist him. However, the proposal has been subsequently removed by the submitter without providing any reasons for its withdrawal.

A crowdfunding campaign on GoFundMe, intended to raise funds for Storm and co-defendant Andrei Pertsev’s legal fees, was canceled on February 16 due to a breach of the platform’s terms of service that could potentially expose GoFundMe, its employees, or users to harm or liability.

It’s worth noting that Tornado Cash has been added to the U.S. Treasury’s Specially Designated Nationals list. This designation effectively prohibits Americans from using the mixer.

The latest information available suggests that Storm’s legal battle continues, and it may be prudent to follow updated news sources for the most recent developments in his case.

Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him. Storm’s legal team argues that he should not be accused of operating a money laundering business or violating the International Emergency Economic Powers Act.

In the filing submitted to the United States District Court for the Southern District of New York on March 29, Storm’s lawyers contend that he cannot be held responsible for conspiring to launder funds. They assert that Tornado Cash was developed, became immutable, and was publicly available before it was utilized by hacking groups that were later sanctioned by the U.S. Department of Treasury.

Storm’s legal team further claims that he had limited control over preventing a “sanctioned entity from using it” by the time the alleged misconduct occurred. This argument suggests that Storm should not be held liable for the actions of external parties utilizing Tornado Cash.

It’s essential to note that legal proceedings are ongoing, and the outcome of the case is yet to be determined. The information provided reflects Storm’s defense as presented in his motion to dismiss the charges.

Allegations Surface: Lazarus Group Accused of Utilizing Tornado Cash by Storm to Evade Sanctions

The charges against Roman Storm pertain to the allegation that Tornado Cash facilitated the efforts of the North Korean Lazarus Group in evading U.S. sanctions, potentially aiding the country’s regime in financing its nuclear program.

Storm’s defense team argues that Tornado Cash did not function as a money-transmitting business since it did not charge fees for transmitting funds, and users maintained complete control over their cryptocurrencies. They assert that Storm’s intention was to develop software solutions that offered financial privacy for law-abiding cryptocurrency users, claiming that the charges are fundamentally flawed and should be dismissed.

Following his arrest, Storm pleaded not guilty to all charges in September 2023 and was subsequently released on a $2 million bond. Currently, he is subject to travel restrictions that confine him to specific regions of New York, New Jersey, Washington, and California.

This development occurs within the context of the U.S. government’s ongoing crackdown on crypto-mixing services. Recently, the founder of Bitcoin Fog, a crypto-mixing service allegedly involved in laundering $400 million, was convicted of money laundering, money laundering conspiracy, operating an unlicensed money-transmitting business, and violations of the D.C. Money Transmitters Act.

It’s important to note that the legal proceedings are still ongoing, and the final outcome of the case is yet to be determined. The information provided reflects the arguments presented by Storm’s defense team and the current status of the case.

Storm Appeals for Support Amid Money Laundering Charges

Earlier this year, Roman Storm sought support from right-to-privacy advocates as he prepared for his upcoming criminal trial. He expressed confidence in his legal team’s ability to mount a strong defense for the trial scheduled in September 2024.

Storm emphasized that the outcome of his case would have far-reaching implications, not only for passionate developers in the Web3 space but also for anyone concerned with software and privacy. He believed that the case would set an important precedent for years to come.

In response to Storm’s situation, the Arbitrum DAO submitted a proposal to allocate approximately $1.3 million worth of Arbitrum (ARB) tokens from the community wallet to assist him. However, the proposal has been subsequently removed by the submitter without providing any reasons for its withdrawal.

A crowdfunding campaign on GoFundMe, intended to raise funds for Storm and co-defendant Andrei Pertsev’s legal fees, was canceled on February 16 due to a breach of the platform’s terms of service that could potentially expose GoFundMe, its employees, or users to harm or liability.

It’s worth noting that Tornado Cash has been added to the U.S. Treasury’s Specially Designated Nationals list. This designation effectively prohibits Americans from using the mixer.

The latest information available suggests that Storm’s legal battle continues, and it may be prudent to follow updated news sources for the most recent developments in his case.

By ailf

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