The trial against Roman Storm, co-founder of the cryptocurrency service Tornado Cash, is underway in the Southern District of New York. The prosecution has laid out serious accusations against the developer.
Charges Against Roman Storm
Roman Storm faces charges of money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate U.S. sanctions. If convicted, he could face significant prison time.
Progress of the Trial
The trial, which is anticipated to last about a month, has begun. The prosecution expects to close its case by the end of next week, allowing Storm's attorneys to call their own witnesses. This week, testimonies from various witnesses, including FBI employees, were heard.
Expected Defense
Roman Storm's lawyers are developing a defense strategy and plan to call witnesses who may testify to the necessity of services like Tornado Cash due to high risks of cryptocurrency theft. At the same time, the prosecution is seeking to exclude any references to kidnappings and torture.
The trial of Roman Storm raises significant questions about legal standards in the cryptocurrency field and the use of such services for user privacy. The defense strategy and further developments in the case are subjects of ongoing scrutiny.
