Release of Tornado Cash Developer Arrested on Money-Laundering Charges
Roman Storm, the co-founder of cryptocurrency mixing service Tornado Cash, has been released on bail after being arrested by the United States’ Department of Justice (DOJ) on charges of money-laundering and other violations. His lawyer, Brian Klein, expressed disappointment with the charges against Storm, emphasizing the potential implications for all software developers. The arrest came as part of an investigation into Tornado Cash’s alleged operation of a money transmitting business and laundering over $1 billion in criminal proceeds. This development follows the previous arrest of another Tornado Cash developer, who was released earlier this year.
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