US Crypto Advocacy Groups Defend Roman Storm in Court

29 views 10:18 am 0 Comments April 8, 2024

Representatives of leading U.S. cryptocurrency advocacy bodies have filed amicus briefs asking the judge to dismiss charges against Roman Storm, co-founder of Tornado Cash. The Blockchain Association, Coin Center, and DeFi Education Fund claim that Tornado Cash had no control over what it transmitted and stored on its platform.

They also explained the First Amendment issue about the allegations of the sanctions that were violated and the unclear smart contracts. In court filings on April 5th, advocacy groups argued against the felony charges on Storm, citing potential negative impacts on the digital asset market and fintech sector if the government’s allegations are proven true.

Tory, who insisted at every turn that she was not guilty of all charges, has been free on a $2 million bail pending the September trial of the whole case. Tornado Cash is behind the case, which is also connected with an American treasury funds blacklist of crypto wallet addresses associated with it.

Nikolai Dreduk, the Tornado Cash developer, was arrested by the Dutch police in August 2022 and spent nine months in jail before his release. However, Dutch authorities suspect Chaepil, the mixer owner, of involvement with hacker groups linked to North Korea and using the mixer for money laundering.

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Tornado Cash Creator’s Defense Challenges Charges