NEW YORK — There is at least one fact that both the defense and the prosecution agree in the ongoing criminal money laundering trial of software developer Roman Storm: the product he helped to create ...

“The defendant and his co-conspirators agreed to serve as a washing machine to make money that they knew was dirty look clean. They agreed together to move dirty money from scams and hacks, knowing ...

Many projects have been created on top of Ethereum. Fans of the project will talk up the fruits of that blockchain if you let them, but having seen the project’s growth firsthand since its inception ...

A month ago, Roman Storm took to X with a message—half lament and half warning—to his supporters in the cryptocurrency scene: “In 31 days, I face trial,” he wrote. “I’m fighting, but the weight is ...

NEW YORK (Reuters) -A U.S. jury deadlocked on Wednesday on money laundering and sanctions evasion charges against the founder of Tornado Cash, a firm that makes cryptocurrency transactions harder to ...

A discussion of the recent mixed verdict in the criminal trial of Tornado Cash co-founder Roman Storm, including the related implications and anti-money laundering (AML) and know your customer (KYC) ...

The central legal issue is whether Roman Storm exercised enough control over Tornado Cash to trigger anti-money laundering liability. Storm says he didn’t launder funds—just wrote code—while the ...

NEW YORK — Hack and scam victims who reached out to Tornado Cash requesting assistance retrieving their stolen funds received little in the way of help from the privacy tool’s developers, three ...

Tornado Cash developer Roman Storm is on trial for a $1B crypto-laundering conspiracy. Prosecutors say Tornado Cash was the go-to anonymizing tool for hackers and scammers. Storm brazenly wore a shirt ...

"Smart contracts" are code. There have been quite a few cases previously where "smart contracts" ended up having flaws that meant people lost cryptocurrency - either deliberately or inadvertently. I ...

A co-founder of Tornado Cash, a digital-currency “mixing” service that was used by North Korean cybercriminals to launder stolen funds, was convicted of one of the three criminal charges he had faced, ...