Aug 07, 2025
Tornado Cash Co-Founder Goes Down for $1B Crypto Crime Ring
TLDR: Roman Storm found guilty of conspiracy to run an unlicensed money-transmitting business. Tornado Cash laundered $1B, including funds from North Korea’s Lazarus Group. DOJ says Storm helped promote and maintain Tornado Cash even after sanctions warnings. Verdict signals tougher U.S. enforcement on crypto tools used for illicit finance. Roman Storm has been convicted. The [...]
The post Tornado Cash Co-Founder Goes Down for $1B Crypto Crime Ring appeared first on Blockonomi.
Source: Blockonomi →Related News
- 1 week ago
NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claim...
- 1 week ago
Brazil passes law turning seized crypto into public-security war chest
- 1 week ago
Prosecutors flag mail discrepancies in Sam Bankman-Fried’s retrial motion letter...
- 1 week ago
Analyst Predicts Crypto Market Cap Could Hit $100T by 2030
- 1 week ago
CoinDCX Founders Arrested in Fraud Case; Company Blames Impersonators
